Lawrence's Comment
Recap
Aussie flushed to almost Y-2 before snapping back up to above Y-0 and then consolidated for the rest of the week. Closed the week above Y-1 and midpoint.
Outlook
Gold did ...
Lawrence's Comment
Recap
Consolidation as expected. Trapped in equal distance around Y-0. Closed the week below Y-0 and near week low.
Outlook
Consolidation / pullback mode can last for weeks. Downside drift ...
USDJPY Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Previous week close support helped sending ninja higher. Consolidation week actions since. Closed the week near Y+1 and midpoint.
Outlook
Consolidation around Y+1 after a strong rally is bullish. As long as B-2 / Y-0 holds up, retest of B+1 likely.
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