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Lawrence's Comment Recap As expected Loonie continues to weaken. 1.26 did not stop the run at all. Until 1.28 was touched. Closed the week at Y+2 and above midpoint. Outlook The weekly ...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 MORELawrence's Comment Recap Beautiful all week bear flag from the week before led to a gap down open near Y-1. Test of support below Y-1 produced a strong double bottom on 4 ...READ MOREUSDCAD Feb 02 to Feb 06 OutlookIntraday Cycle Projection (USDJPY) 2011-09-14Precog Vision – Forex 2023-5-2GBPUSD Aug 22 to Aug 26 OutlookIntraday Cycle Projection (USDJPY) 2013-12-19S&P 500 Dec 19 to Dec 23 OutlookUSDCAD Nov 29 to Dec 03 OutlookPrecog Vision – Forex 2017-10-6Intraday Cycle Projection (USDJPY) 2018-02-06AUDUSD Apr 20 to Apr 24 Outlook
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USDJPY Sep 29 to Oct 03 Outlook
Lawrence’s Comment
Consolidation around previous week close. Y-0 acted as support. Closed the week above Y-0 and midpoint.
Outlook
Consolidation instead of pullback from blowoff action is bullish. This points to potential short squeeze into B+2 and above. Longer term targets for ninja has always been 1.08 and then 1.12. I thought ninja needs to pause at 1.08-1.09 originally. I am not so sure anymore as retail committed positions are still too bearish on ninja.
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