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Lawrence's Comment Recap ES tight range consolidation around previous week close until Friday. Gap down to Y-1 led to breakdown move with Y-3 target tagged. Closed the week below Y-3 and near ...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 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 MORELawrence's Comment Recap This pair caught me by surprise with a breakout to the downside. When Y-1 rejected the bounce we got a go for Y-3. Flushed all the way down to ...READ MOREUSDJPY Nov 01 to Nov 05 OutlookS&P 500 Sep 12 to Sep 16 OutlookEURUSD Jan 28 to Feb 01 Outlook3DP Odds Table (USDJPY) 2012-06-08USDCAD Oct 09 to Oct 13 OutlookPrecog Vision – Forex 2014-10-1Precog Vision – Forex 2016-2-293DP Odds Table (USDJPY) 2022-11-04AUDUSD May 13 to May 17 Outlook3DP Odds Table (USDJPY) 2017-09-25
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USDJPY Oct 24 to Oct 28 Outlook
Lawrence’s Comment
News shock created the double top and breached Y-0 support. The downside target of the double top tagged by end of the week. Closed the week below Y-1.
Outlook
Lowest price level for dollar yen in years printed this past week. The bottom picking in this pair has created a huge imbalance that a flush of this kind is unavoidable.
Still looking for the bottom forming process to complete first before trading this pair. If we get a w. spring from this new low off the previous long term low, the bottom will be confirmed.
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