Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Sold off as expected. Target Y-3 tagged. Easy weekly move completed. Closed the week near Y-2 and midpoint. Outlook Gaps above B+1 and below B-1 are in play once ...READ MORELawrence's Comment Recap Worst Thanksgiving week in history. Pure selloff breaking every support level after they are touched and bounced off from. Ended the week closing at Y-3 and completed 100% ...READ MORE3DP Odds Table (USDJPY) 2021-01-25Precog Vision – Forex 2015-10-20Intraday Cycle Projection (USDJPY) 2011-04-053DP Odds Table (USDJPY) 2011-10-19Intraday Cycle Projection (USDJPY) 2016-02-24USDJPY Mar 06 to Mar 10 OutlookIntraday Cycle Projection (USDJPY) 2019-08-19Dow 30 Jun 20 to Jun 24 OutlookIntraday Cycle Projection (USDJPY) 2015-04-06Dow 30 Nov 28 to Dec 02 Outlook
As Featured In
USDJPY Jun 20 to Jun 24 Outlook
Lawrence’s Comment
Rallied to target zone as expected. Pull back to Y+1 produced a bounce but failed to hold above Y+1 afterwards and sold off to Y-0 to close the week.
Outlook
2nd part of last week was driven by euro zone trouble that messed up the chart. Thus dollar yen will have to spend more time in this area to form a longer term base. A test of B-2 is not out of the question.
Share