Trading Edges That Last
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Lawrence's Comment Recap Consolidation above Y-0 as expected. Originally looked like a breakout to the upside was in the making, until news shock hit late in the week. Got the ...READ MORE3DP Odds Table (USDJPY) 2014-12-303DP Odds Table (USDJPY) 2018-04-063DP Odds Table (USDJPY) 2012-04-16Precog Vision – Forex 2022-7-12Weekly Cycle Projection (USDJPY) 2015-10-12Weekly Cycle Projection (USDJPY) 2013-12-30AUDUSD Mar 28 to Apr 01 OutlookAUDUSD Jan 17 to Jan 21 OutlookPrecog Vision – Forex 2015-4-24USDJPY Jun 18 to Jun 22 Outlook
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USDJPY Sep 12 to Sep 16 Outlook
Lawrence’s Comment
Violent reaction to eurozone problems sending US dollar higher against all majors. Tagged Y+2 and closed the week above Y+1.
Outlook
Unlike other majors, dollar yen is not breaking out to the upside. More like a drift in an upchannel. Consolidation in B-0 to B+1 is expected.
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