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
Lawrence's Comment
Recap
Aussie dropped to target as expected. Very orderly, no complex move to deal with. Closed the week below Y-2 and at week low.
Outlook
Aussie is developing a falling ...
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 23 to May 27 Outlook
Lawrence’s Comment
Consolidation actions between Y-0 and Y+1. Ledge breakout upside gave us 100% of tight range. Closed the week above Y+1 and midpoint.
Outlook
Rising wedge with support at B-0. Breaking below will give us a pullback to Y-0 and below.
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