USDJPY May 29 to Jun 02 Outlook

Lawrence's Comment Recap Cable gapped down and tagged Y-2 first. The stage was set for an up drift back to Y-1. Consolidation week around open instead of previous week close. Closed the ...

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Lawrence's Comment Recap NQ gapped higher above Y+1 hence started a light volume short squeeze. 50% range acted as resistance and a quick pullback to week mid before closing higher. Closed the ...

Lawrence's Comment Recap Previous week close acted as resistance early in the week. That is the strongest sign that a test of previous week low (Y-1) was in play. Once traded ...

Lawrence's Comment Recap Reduced range drifting. Closed above Y+1 and midpoint. Outlook As mentioned last week, a potential long term bottom in the making. The up drift last week is giving this pair more ...