Trading Edges That Last
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Lawrence's Comment Recap Y-0 failed to act as support when the pair staged a 1-2-3 sell to break below Y-0. The normal target of Y-1 was tagged mid week. Closed the ...READ MORELawrence's Comment Recap Consolidation around Y+1 with 50% previous week range. Closed the week at Y+1. Outlook Breaking about B+1 should give us B+2 quickly. The unlikely scenario is that B-1 is breached ...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 MOREPrecog Vision – Forex 2018-9-21Intraday Cycle Projection (USDJPY) 2013-01-16AUDUSD Jun 13 to Jun 17 OutlookHot n Cold (USDJPY) 2022-10-73DP Odds Table (USDJPY) 2015-08-04S&P 500 Mar 13 to Mar 17 OutlookIntraday Cycle Projection (USDJPY) 2018-01-16Intraday Cycle Projection (USDJPY) 2019-01-25GBPUSD Mar 26 to Mar 30 OutlookPrecog Vision – Forex 2020-11-3
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USDJPY Jan 20 to Jan 24 Outlook
Lawrence’s Comment
Quick drop to Y-2 and found support. Bounced back to Y-0 and found resistance. Closed the week below Y-0 and above midpoint.
Outlook
Consolidation likely to absorb the wild swings in both directions. 50% range consolidation points to price being trapped in B+1 and B-0 likely.
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