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Lawrence's Comment Recap Breakout play worked out, just to the surprise of many that it was to the upside. It is not a surprise to my premium members as they learned from ...READ MORELawrence's Comment Recap Consolidation around Y-1 at 50% range as expected. Closed the week above Y+1 and midpoint. Outlook Consolidation with strength to close above Y+1 is bullish. Potential FBO against Y+1 if cable fails ...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 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 Clean swing from Y-1 as support, breaking the resistance at Y-0 and gave us the breakout we are looking for. Y+3 target tagged. Closed the week at ...READ MOREEURUSD Feb 08 to Feb 12 OutlookGBPUSD Jun 23 to Jun 27 OutlookPrecog Vision – Forex 2015-8-13Precog Vision – Forex 2013-3-133DP Odds Table (USDJPY) 2014-03-18Intraday Cycle Projection (USDJPY) 2014-09-16USDJPY Aug 20 to Aug 24 Outlook3DP Odds Table (USDJPY) 2014-12-313DP Odds Table (USDJPY) 2013-05-213DP Odds Table (USDJPY) 2011-09-09
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USDJPY May 02 to May 06 Outlook
Lawrence’s Comment
Y+1 resistance with BoJ announcement killed the upside immediately. News shock target of Y-1 cleared with Y-2 almost tagged. Closed the week near Y-2 and week low.
Outlook
Reactionary bounce points to a test of at least Y-1 and potentially B-0. We cannot be sure if Ninja can hold B-1 though as momentum points to the historical lower support at 104 is now in play.
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