Trading Edges That Last
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Lawrence's Comment Recap As expected, multiple attempts to push higher happened last week yet no breakout was resulted. Closed the week above Y-0 and below midpoint. Outlook Tight range week with close ...READ MORELawrence's Comment Recap Stronger than expected bounce led to tagging Y-0. But that was all we got. Closed the week near midpoint. Outlook Coiled up formation means breakout in the making. Focus ...READ MORELawrence's Comment Recap Y-0 resistance gave us a test of Y-1. FBO against Y-1 gave us reversal back up to Y+1. No surprises whatsoever. Closed the week near Y+1 and week high. ...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 MOREIntraday Cycle Projection (USDJPY) 2015-10-20USDCAD Jun 08 to Jun 12 OutlookHot n Cold (USDJPY) 2014-7-18Nasdaq 100 May 28 to Jun 01 OutlookAUDUSD Jul 05 to Jul 09 Outlook3DP Odds Table (USDJPY) 2015-01-19S&P 500 May 03 to May 07 Outlook3DP Odds Table (USDJPY) 2013-07-25AUDUSD Aug 01 to Aug 05 OutlookPrecog Vision – Forex 2022-8-25
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USDJPY Sep 01 to Sep 05 Outlook
Lawrence’s Comment
Consolidation around the closing price as expected. It is within the 100% range of the week before last too. Closed the week below Y-1 and above midpoint.
Outlook
The range matching that of the one before the breakout points to strong continuation potential. Should euro bounces, ninja is the exit point of the international money flow which points to much higher price level quickly. 1.06 is next stop on weekly.
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