Trading Edges That Last
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Lawrence's Comment Recap As expected, more downside. Y-0 resistance sent this down to almost Y-3. Resistance trend line break gave us a bear flag / up channel back up above Y-1. Closed ...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 MOREWeekly Cycle Projection (USDJPY) 2023-05-02Precog Vision – Forex 2019-8-8USDJPY Oct 07 to Oct 11 Outlook3DP Odds Table (USDJPY) 2014-11-18Precog Vision – Forex 2011-5-253DP Odds Table (USDJPY) 2018-06-21USDJPY in Historical Low ZoneUSDCAD Apr 14 to Apr 18 OutlookPrecog Vision – Forex 2011-12-15Precog Vision – Forex 2013-2-1
As Featured In
USDJPY May 20 to May 24 Outlook
Lawrence’s Comment
Consolidated above Y+1 as expected. Held the support mentioned last week. Rallied to new high by end of the week. Easy week indeed. Closed the week near week high and above Y+1.
Outlook
Tagging Y+2 to B+2 is expected early next week. There is not much resistance beyond B+2 so it is not a good idea to counter this up swing. Breaking below B-0 / Y+1 points to a pullback to B-2 area.
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