USDJPY May 02 to May 06 Outlook

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 News shock. Forced the week to open from Y-1. That turned Y-0 into resistance and target of Y-2 was reached by the end of the week. Outlook The overall price ...

Lawrence's Comment Recap The expected run towards 1.15 resulted in a spike reversal at Y+2. Closed the week below Y+1 and near week low. Outlook Very strong resistance Y+1 / B-0 with ...

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 Consolidation as expected. 50% previous week range around Y-0. Closed above Y-0 and midpoint. Outlook As mentioned last week, "it looks like weekly level pullback but should be treated as consolidation". ...