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Lawrence's Comment Recap Cable followed its peers and dropped. Found support at Y-2 and paused. Closed the week below Y-1 and midpoint. Outlook 1.50 key psychological level breached. Cable must snap back ...READ MORELawrence's Comment Recap Congestion between B-1 to B+1 most of the week. Then total collapse once the week low is taken out the last moment of the week. Obvious stop ...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 MOREWeekly Cycle Projection (USDJPY) 2022-07-113DP Odds Table (USDJPY) 2020-12-02GBPUSD Jan 26 to Jan 30 OutlookUSDCAD Sep 03 to Sep 07 OutlookUSDJPY Jan 02 to Jan 06 OutlookHot n Cold (USDJPY) 2016-12-303DP Odds Table (USDJPY) 2021-07-07EURUSD Mar 07 to Mar 11 OutlookUSDJPY Aug 31 to Sep 04 OutlookPrecog Vision – Forex 2016-5-30
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USDJPY Nov 16 to Nov 20 Outlook
Lawrence’s Comment
Consolidation actions around Y+1 most part of the week. Jawboning happened by Japanese officials but no impact on the price actions so far. Closed the week above Y-0 and below midpoint.
Outlook
4 hour / daily bull flag points to continuation to the upside likely. Spike low against B-1 above B-2 will signal at least a test of B-0 and that will in turn break the bull flag resistance.
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