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
Similar to Dow, ES was having its consolidation week. Traded equal distance from its open. Closed the week above Y+1 and near week high.
Outlook
B+1 resistance points to ...
USDJPY May 18 to May 22 Outlook
Lawrence’s Comment
Dropped to Y-1 as expected. Bounced back immediately. Y-0 resistance stopped the bounce. Closed the week below Y-0 and midpoint.
Outlook
4 Hour down channel established. Until break out of the structure, ninja will follow the channel play script.
Share