For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Consolidation actions around Y+1 as expected. NFP did not produce a directional move outside of the consolidation range hence no range expansion play. Closed the week near Y+1 and ...
USDJPY Jul 30 to Aug 03 Outlook
Lawrence’s Comment
78 tested and held very well the whole week. Closed the week bouncing off 78 and near week high.
Outlook
As long as B-0 acts as support, B+2 should be tested quickly.
Critical time window for a long term low to be formed.
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