Recap Perfect weekly bullish mean rejection. 100% absolute range expansion ended the move. Closed the week above Y+1 and midpoint.
Outlook More upside is expected as long as B-0 is acting as support. A repeat of last week price actions will create longer term weaknesses above at Y+2 / B+2.
Lawrence's Comment
Recap
Y+1 cleared as expected. Consolidation action around Y+1. Closed the week above Y+1 and midpoint.
Outlook
Condolidation with strong close implies above B+1 likely. Strong reversal from above B+1 and below ...
Lawrence's Comment
Recap
NQ flushed to Y-2 in the beginning of the week and bounced off. Similar to Dow, its test of Y-0 failed to push higher and opened the door to ...
For 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 schedule
For 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 schedule
Lawrence's Comment
Recap
Consolidated around previous week close in reduced range. Situation in Ukraine put a leash on the majors. Closed the week below Y+1 and near midpoint.
Outlook
Volatility should pick up later ...
USDJPY Mar 31 to Apr 04 Outlook
Lawrence’s Comment
Perfect weekly bullish mean rejection. 100% absolute range expansion ended the move. Closed the week above Y+1 and midpoint.
Outlook
More upside is expected as long as B-0 is acting as support. A repeat of last week price actions will create longer term weaknesses above at Y+2 / B+2.
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