Recap Pullback to Y-0 and then breaking down to below Y-1. Suport found underneath Y-1 and forced a bounce back up to Y-0. Closed the week below Y-0 and near midpoint.
Outlook Y-0 / B-0 resistance for retest of Y-1 / B-1. Clearing Y-0 points to test of Y+1 and range expansion towards B+2.
Lawrence's Comment
Recap
As mentioned last week, NQ has an important top in the making and we just got the first taste of the volatility to the down side. Early ...
Lawrence's Comment
Recap
Consolidated around Y+1 all week. No real direction. Closed the week below Y+1 and above midpoint.
Outlook
As mentioned last week, euro on weekly close basis as long as it cannot ...
USDJPY Sep 12 to Sep 16 Outlook
Lawrence’s Comment
Pullback to Y-0 and then breaking down to below Y-1. Suport found underneath Y-1 and forced a bounce back up to Y-0. Closed the week below Y-0 and near midpoint.
Outlook
Y-0 / B-0 resistance for retest of Y-1 / B-1. Clearing Y-0 points to test of Y+1 and range expansion towards B+2.
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