Lawrence's Comment
Recap
2nd tight range week in a row waiting for the Greece / EU decision on Friday and over the weekend. Closed the week above Y-0 and near midpoint.
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US Dollar made a move against Canadian Dollar (Loonie) last week. Loonie forced to test its highest level over past 10 years. To put it in perspective, we are ...
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
USDJPY May 09 to May 13 Outlook
Lawrence’s Comment
Bounced back up in tight range around Y-1 is normal after the sudden wide range reversal. Closed the week above Y-1 and midpoint.
Outlook
As long as Y-1 / B-0 holds, a move back upto B+2/ Y-0 likely.
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