Recap Easy one for the week. Y-0 resistance dropped directionally down to Y-2 and below. Closed the week below Y-1 and near midpoint.
Outlook The weekly level pullback in progress. Volatility is picking up. Until ninja can sit above Y-1 as support the pullback / consolidation will continue.
Lawrence's Comment
Recap
Retested Y+1 as expected. That led to a quick selloff back down to Y-0 and stopped there. Aussie bounced back up to week high zone and stalled. 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
1-2-3 sell from Y+1 gave us Y-0. Y-0 support sent NQ back up to Y+1 and breakout to Y+2. Closed the week near Y+2 and week high.
Outlook
Uptrend ...
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
Sold off to 1.0 as expected. Sometimes some markets are easier to trade at times like this one. Closed the week at the low.
Outlook
Critical juncture. Multiple timeframes ...
USDJPY Jan 19 to Jan 23 Outlook
Lawrence’s Comment
Easy one for the week. Y-0 resistance dropped directionally down to Y-2 and below. Closed the week below Y-1 and near midpoint.
Outlook
The weekly level pullback in progress. Volatility is picking up. Until ninja can sit above Y-1 as support the pullback / consolidation will continue.
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