Trading Edges That Last
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Lawrence's Comment Recap Bulls were not even given a chance to fight back. The initial pop at the beginning of the week failed to clear Y-0. That gave us the Y-1 test. ...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 MORELawrence's Comment Recap Resistance zone worked out and forced a drop to Y-1 as expected. Closed the week below Y-1 and at week low. Outlook More downside expected. daily down trend established. ...READ MORELawrence's Comment Recap Ninja rising wedge into 110 before breaking the support which points at the target of below Y-1. Y-1 reached and 1.08 right below promptly defended it with an all ...READ MORE3DP Odds Table (USDJPY) 2021-02-23Intraday Cycle Projection (USDJPY) 2013-07-16EURUSD Mar 04 to Mar 08 OutlookPrecog Vision – Forex 2014-1-14Hot n Cold (USDJPY) 2011-6-16EURUSD Apr 25 to Apr 29 OutlookIntraday Cycle Projection (USDJPY) 2012-03-06Intraday Cycle Projection (USDJPY) 2015-07-29USDJPY Oct 06 to Oct 10 Outlook3DP Odds Table (USDJPY) 2015-08-26
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USDJPY Mar 21 to Mar 25 Outlook
Lawrence’s Comment
News shock moved the pair wildly and that led to G7 intervention. Closed the week below Y-2.
Outlook
There are still too many variables affecting the short term (hourly) volatility. Not a good idea to trade on this pair until the current crisis settledown.
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