Trading Edges That Last
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Lawrence's Comment Recap Consolidation week at 50% range. 1780 magic #. Due to overnight news shock all week, we observed surprise breakout plays almost everyday last week. Yet, S&P was still bounded ...READ MORELawrence's Comment Recap Went higher as expected, but only half way through 1-2-3 sell was formed sending cable back down. Closed the week above Y-0. Outlook Consistent with euro, signs that the strength ...READ MOREPrecog Vision – Forex 2021-6-30Intraday Cycle Projection (USDJPY) 2016-02-12AUDUSD Oct 08 to Oct 12 OutlookUSDCAD Feb 05 to Feb 09 OutlookIntraday Cycle Projection (USDJPY) 2015-06-19S&P 500 Feb 03 to Feb 07 OutlookDow 30 Mar 14 to Mar 18 Outlook3DP Odds Table (USDJPY) 2018-11-193DP Odds Table (USDJPY) 2019-10-07GBPUSD Mar 05 to Mar 09 Outlook
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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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