Trading Edges That Last
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Lawrence's Comment Recap Best behaving pair last week. Consolidation around previous week close at 50% week range. Closed the week near Y+1 and week high. Outlook Breakout above Y+1 / B+1 points ...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 MORELawrence's Comment Recap Y-0 support early in the week gave us an up drift ended with 3 pushes up breakdown. Y-0 failed to hold this up and a run down to Y-1 ...READ MOREAs the long term Tick16 index is staying in the bullish zone, and that the short term Tick16 has moved away from the long term index for some time already, ...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 MOREHot n Cold (USDJPY) 2011-12-29AUDUSD Apr 27 to May 01 OutlookPrecog Vision – Forex 2016-6-21S&P 500 Feb 28 to Mar 04 OutlookUSDCAD May 15 to May 19 OutlookUSDCAD Jun 06 to Jun 10 OutlookAUDUSD Apr 06 to Apr 10 OutlookLatest on S&P 500 Daily Breadth MonitorPrecog Vision – Forex 2019-3-43DP Odds Table (USDJPY) 2017-12-19
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USDJPY Aug 03 to Aug 07 Outlook
Lawrence’s Comment
Pullback to Y-2 support zone as expected. Ninja rallied since to tag Y+1. Strong reaction at Y+1 zone bought ninja back down. Closed the week below Y-0 and near midpoint.
Outlook
Intervention dynamics making it more difficult to clear the weekly resistance above. BOJ official position is that ninja going higher is not “sustainable”. On weekly basis, ninja is in a strong up trend. Consolidation in the current range is bullish.
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