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Lawrence's Comment Recap Weakest of the 3 major indices. The dirty bottom mentioned last week was being retested by the end of the week. Closed the week below Y-3 and near week ...READ MORELawrence's Comment Recap Y+1 resistance sent Aussie lower back down to Y-0. Y-0 support pushed Aussie back up above Y+1. Previous week close turning into support gave aussie one more push higher. ...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 MORE3DP Odds Table (USDJPY) 2016-01-01Intraday Cycle Projection (USDJPY) 2017-05-03Hot n Cold (USDJPY) 2020-4-173DP Odds Table (USDJPY) 2017-11-063DP Odds Table (USDJPY) 2014-12-22Dow 30 Jul 27 to Jul 31 OutlookAUDUSD Aug 08 to Aug 12 OutlookDow 30 Feb 07 to Feb 11 Outlook3DP Odds Table (USDJPY) 2019-10-07Precog Vision – Forex 2014-7-25
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USDJPY May 13 to May 17 Outlook
Lawrence’s Comment
Cleared my resistance zone. Landed at target Y+3. Good enough for me. Closed the week at Y+3 and near week high.
Outlook
Two possible scenarios. First, consolidation around or above B+1 is likely as ninja cleared the major resistance in 1 go and in need to absorb the imbalance first. Second, if Y+3 serves as support, the melt up will have a good chance to continue and force a print at B+2 first.
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