Recap Bottom of the boundary on weekly tested and rejected. Door opened to challenge Y+1 since and was tested near end of the week. Closed the week above Y-0 and midpoint.
Outlook Still trapped within the same range, no directional play until we get clear signs which way this pair wants to go. Hands off until we get a strong move on daily out of this pair.
Lawrence's Comment
Recap
News shock from the start of the week failed to damage the bullish technical pattern I mentioned last time. Somehow Y-2 was never tagged in that flush ...
For 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 schedule
Lawrence's Comment
Recap
Selloff as expected. Tagged Y-1 target and 13000 round number level. But that was all the bears got. News shock sent Dow back up to the gap and ...
Lawrence's Comment
Recap
Cable almost tagged both Y+1 and Y-1 quickly as it zoomed away from Y-0 as suggested last week. Yet no breakout of the range and closed the ...
For 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 schedule
Lawrence's Comment
Recap
Y-0 acted as support as expected and ES took off to tag Y+2 upside target. So precise that it feels like it is executed from a script. ...
USDJPY Sep 28 to Oct 02 Outlook
Lawrence’s Comment
Bottom of the boundary on weekly tested and rejected. Door opened to challenge Y+1 since and was tested near end of the week. Closed the week above Y-0 and midpoint.
Outlook
Still trapped within the same range, no directional play until we get clear signs which way this pair wants to go. Hands off until we get a strong move on daily out of this pair.
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