Outlook Looking for this pair to settle in this zone over the coming weeks to form a long term bottom. Bias towards long side on monthly time frame, waiting for a trigger or first move to the upside to confirm.
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
First attempt in the week to hold Y-0 and push higher failed resulting in a drop to Y-1 and Y-2. A strong bottom was then formed with euro pushed ...
Lawrence's Comment
Recap
Consolidated around Y+1 at 50% range. Standard response after a quick run up. Closed the week above Y+1 and midpoint.
Outlook
That at par zone has been a trouble ...
USDJPY Oct 10 to Oct 14 Outlook
Lawrence’s Comment
Consolidation with not much activities.
Outlook
Looking for this pair to settle in this zone over the coming weeks to form a long term bottom. Bias towards long side on monthly time frame, waiting for a trigger or first move to the upside to confirm.
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