Trading Edges That Last
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Lawrence's Comment Recap Y+1 / previous week close acted as support and sent this higher until 100% absolute range expansion. Reaction to Y+2 dropped this back down to below Y-1. Outlook Daily ...READ MORELawrence's Comment Recap Consolidation yes, but not within Y-0 upto Y+1. Dollar yen traded one level lower from Y-1 upto Y-0. That again was driven by news shocks from, who else, ...READ MORELawrence's Comment Recap As expected, failed to breakout above Y+1 and dropped back down to Y-0. Closed the week at midpoint. Outlook Intervention effect from the central banks takes time to be ...READ MOREPrecog Vision – Forex 2016-7-22USDCAD Sep 05 to Sep 09 Outlook3DP Odds Table (USDJPY) 2022-12-14Weekly Cycle Projection (USDJPY) 2013-10-21USDJPY Sep 19 to Sep 23 OutlookIntraday Cycle Projection (USDJPY) 2012-02-13AUDUSD Dec 12 to Dec 16 OutlookIntraday Cycle Projection (USDJPY) 2023-02-09GBPUSD Dec 28 to Jan 01 Outlook3DP Odds Table (USDJPY) 2020-08-10
As Featured In
USDJPY Mar 07 to Mar 11 Outlook
Lawrence’s Comment
First move taken out 82 early in the week, staged a strong comeback potential. After testing previous week low again, did a 1-2-3 buy and tagged target Y-0 mentioned last week. Surged to 2x the breakout range and closed the week at B-0.
Outlook
If B-0 is defended, retest of B+1 later in the week is likely. However, due to the close being neutral, next week could be range bounded within B-0 to B+1.
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