Outlook Looking for this pair to settle in this zone over the coming weeks to form a long term bottom. Bias towards long side on monthly time frame, waiting for a trigger or first move to the upside to confirm.
Lawrence's Comment
Recap
Failed to take out Y+1, forming double top early in the week and started a selloff. Closed the week near week low.
Outlook
FBO to the upside on weekly. Y-2 ...
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
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
Tricky week indeed. Dow opened above Y+1 invalidated the normal pullback scenario. Y+1 acting as support since and eventually led to end of week rally to close at month ...
USDJPY Oct 10 to Oct 14 Outlook
Lawrence’s Comment
Consolidation with not much activities.
Outlook
Looking for this pair to settle in this zone over the coming weeks to form a long term bottom. Bias towards long side on monthly time frame, waiting for a trigger or first move to the upside to confirm.
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