Trading Edges That Last
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Lawrence's Comment Recap Consolidation around Y+1 / previous week close area. Bounded within 50% previous week range. Closed the week at Y+1 and above midpoint. Outlook Fought very hard to hold the Y+1 level ...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 MORE3DP Odds Table (USDJPY) 2020-12-04Precog Vision – Forex 2020-9-7AUDUSD Apr 04 to Apr 08 OutlookIntraday Cycle Projection (USDJPY) 2017-10-20AUDUSD Oct 14 to Oct 18 OutlookEURUSD Oct 31 to Nov 04 OutlookWeekly Cycle Projection (USDJPY) 2014-02-17Precog Vision – Forex 2015-4-303DP Odds Table (USDJPY) 2016-01-05Hot n Cold (USDJPY) 2018-10-12
As Featured In
USDJPY Jun 23 to Jun 27 Outlook
Lawrence’s Comment
Pullback to support as expected but failed to clear 50% range once ninja tagged the price where the breakdown started the week before. Closed the week below Y-0 and above midpoint.
Outlook
Inside week with similar close. Trapped between 2 closest price levels. Breakout play of B+1 and B-1 could be tricky as FBO is a feature of the summer. First side taken out has a good chance of being FBO leading to whiplash back to the other end.
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