Recap As expected, Y-0 resistance with a test of Y-1 after flat line action in the beginning of the week. Closed the week near Y-1 and week low.
Outlook Weekly support below 122. If ninja is in its weekly consolidation, 122 will be tested and reactions there will tell us if the weekly up trend can resume.
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Lawrence's Comment
Recap
As expected a bit more downside and then consolidation. Spent most part of the week below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Normal situation we should see a ...
Lawrence's Comment
Recap
A week of pure up drift. ES opened above Y+1 and started to levitate. Y+2 target reached in slow motion. 50% range reached by the end of the week ...
Lawrence's Comment
Recap
Pullback to our support zone then rally to the resistance area as mentioned last week. By end of the week, broken thru the resistance and completed 100% ...
USDJPY Jun 22 to Jun 26 Outlook
Lawrence’s Comment
As expected, Y-0 resistance with a test of Y-1 after flat line action in the beginning of the week. Closed the week near Y-1 and week low.
Outlook
Weekly support below 122. If ninja is in its weekly consolidation, 122 will be tested and reactions there will tell us if the weekly up trend can resume.
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