Trading Edges That Last
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Lawrence's Comment Recap Fed failed to stop euro from further collapse even though throughout last week rumors was spread again and again everyday to pop it higher. Closed the week at ...READ MOREFor 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 scheduleREAD MORENasdaq 100 Jun 19 to Jun 23 OutlookAUDUSD Nov 27 to Dec 01 OutlookS&P 500 Mar 01 to Mar 05 OutlookIntraday Cycle Projection (USDJPY) 2019-08-073DP Odds Table (USDJPY) 2015-08-24Nasdaq 100 Sep 09 to Sep 13 Outlook3DP Odds Table (USDJPY) 2015-06-24EURUSD Sep 26 to Sep 30 OutlookHot n Cold (USDJPY) 2012-9-13Precog Vision – Forex 2011-3-15
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USDJPY Jun 17 to Jun 21 Outlook
Lawrence’s Comment
Instead of a quite week, we got Japanese officials who refused to shutup. That guaranteed the flush to new low for us when ninja failed to clear the pre-breakdown level. Closed the week below Y-1 and near week low.
Outlook
Long term support around 92.
Intervention at B-1 will send it back up to B-0 easily. As long as B-0 upto Y-0 acting as resistance, I think ninja has to move down to 92 first before bottoming out on weekly basis.
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