Lawrence's Comment
Recap
The outside week setup did not produce a direction for us. Instead, Aussie pushed all the way back up and consolidated within Y-1 to Y+1. Y-0 did not act ...
Lawrence's Comment
Recap
The weakest out of the 3 major indices, still rallied all its way until 200% absolute range expansion was completed. Closed the week at Y+2.
Outlook
The failure to take ...
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
Sell formation not materialized. Breach of Y+1 earlier in the week points to breakout target of Y+2 and Y+3. That worked out well and closed the week at ...
USDJPY Jun 16 to Jun 20 Outlook
Lawrence’s Comment
Ninja failed to hold its support. The door to Y-1 opened. 100% absolute range expansion ended the drop. Closed the week below Y-0 and midpoint.
Outlook
A shallow pullback turned into down channel. The channel would not last. A break above B-0 points to retest of B+1 and higher.
Y-1 has a good chance to be retested first even if ninja is turning bullish.
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