Trading Edges That Last
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Lawrence's Comment Recap Consolidation within Y-0 and Y-1 as mentioned last week. There was this w. spring against B-1, however, and started the rally with enough power to break above ...READ MORE3DP Odds Table (USDJPY) 2020-11-23AUDUSD Feb 21 to Feb 25 OutlookIntraday Cycle Projection (USDJPY) 2012-02-033DP Odds Table (USDJPY) 2012-03-21Intraday Cycle Projection (USDJPY) 2016-02-26Weekly Cycle Projection (USDJPY) 2015-01-19GBPUSD Nov 01 to Nov 05 OutlookIntraday Cycle Projection (USDJPY) 2012-11-21Intraday Cycle Projection (USDJPY) 2016-05-23Intraday Cycle Projection (USDJPY) 2011-12-06
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USDJPY Oct 03 to Oct 07 Outlook
Lawrence’s Comment
USD rally against all majors last week. Dollar yen is the weakest one. Every attempt to go higher last week was met with selling pushing it back down. Closed the week, however, at Y+1.
Outlook
If a platform / bottom can form between B-0 down to B-1, the long term down trend will be broken and that this low will turn into an important low on monthly scale.
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