Recap As mentioned last week, ninja is showing signs of strength. Cleared Y+1 in one go and tagged Y+2 early in the week. Ninja keep pushing until 150% range expanded was reached. Closed the week near Y+2 and above midpoint.
Outlook Bullish up swing continues. Support at Y+1 / B-0 very strong and an indication that more upside is in store. Next swing higher can push this up to B+2.
Lawrence's Comment
Recap
Just like the other indices, NQ has pulled full one of its strongest rallies in recent years. But there was no wild swings at all. It like ...
Lawrence's Comment
Recap
Pure drifting weaknesses. Y-1 acted as resistance yet cable did not drop to Y-2, just drift slowly towards it. Late reversal attempt failed to push cable to ...
Lawrence's Comment
Recap
More upside as expected. Y+2 / 1.32 breached and we got jawboning as expected as well. So predictable. Closed the week above Y+1 and near midpoint.
Outlook
Canadian dollar ...
USDJPY Jun 09 to Jun 13 Outlook
Lawrence’s Comment
As mentioned last week, ninja is showing signs of strength. Cleared Y+1 in one go and tagged Y+2 early in the week. Ninja keep pushing until 150% range expanded was reached. Closed the week near Y+2 and above midpoint.
Outlook
Bullish up swing continues. Support at Y+1 / B-0 very strong and an indication that more upside is in store. Next swing higher can push this up to B+2.
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