Recap No FBO so trend continue until 100% absolute range expansion tagged. Closed the week above Y+2 and midpoint.
Outlook A clear sign of stop run happen around 108 which was the recommended stop from many firms. This implies short term swing top is in the making with a pullback to Y+1 and below likely.
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Lawrence's Comment
Recap
B-0 failed to act as support on pullback leading to a flush back down to Y-1. News shock played a big role on the flush though. Closed ...
Lawrence's Comment
Recap
Drifted back to Y-0 as expected, failed to hold the zone led to a quick selloff of 100% absolute expansion andbounced off right there. Closed the week ...
Lawrence's Comment
Recap
Consolidation around week open below Y-1. Jumpy was probably the best word for what happened last week. Closed the week below Y-1 and near week low.
Outlook
Consolidation with ...
Lawrence's Comment
Recap
As expected, more downside. Y-0 resistance sent this down to almost Y-3. Resistance trend line break gave us a bear flag / up channel back up above Y-1. Closed ...
USDJPY Sep 22 to Sep 26 Outlook
Lawrence’s Comment
No FBO so trend continue until 100% absolute range expansion tagged. Closed the week above Y+2 and midpoint.
Outlook
A clear sign of stop run happen around 108 which was the recommended stop from many firms. This implies short term swing top is in the making with a pullback to Y+1 and below likely.
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