Trading Edges That Last
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Lawrence's Comment Recap As expected euro strength continues. The normal consolidation of 50% previous week range also happened, this time above Y+1. Closed the week at Y+1 and below midpoint. Outlook As ...READ MORELawrence's Comment Recap Monday gapped below critical support which then turned into resistance. Trend sell all week until 200% aboslute range expansion was reached. Closed the week below Y-5 and at week ...READ MORERecap of last week As expected, rally in USDJPY continued last week. It failed to tag previous month high, however, making it difficult to tell if it is more ...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 MOREEURUSD Dec 24 to Dec 28 OutlookS&P 500 Jan 11 to Jan 15 OutlookWeekly Cycle Projection (USDJPY) 2015-09-21EURUSD Jun 29 to Jul 03 OutlookUSDJPY Week of Nov 22nd to 26th OutlookPrecog Vision – Forex 2023-4-4Intraday Cycle Projection (USDJPY) 2014-01-15Precog Vision – Forex 2011-7-6Weekly Cycle Projection (USDJPY) 2012-03-12Intraday Cycle Projection (USDJPY) 2018-07-03
As Featured In
USDJPY Sep 15 to Sep 19 Outlook
Lawrence’s Comment
No consolidation whatsoever as Abe and BOJ worked together with one announcement after another to make sure ninja going higher. Break out play tagged normal Y+3 target. Closed the week at Y+3 and near week high.
Outlook
Ninja moving higher in a channel. Well structured channel do not last. FBO against B+1 will give us a pullback to B-0.
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