Recap Trend line break play worked out with ninja dropped to almost Y-3. Strong reaction right after taking ninja back up to exactly where the breakdown started. Closed the week near Y-2 and midpoint.
Outlook Wide range week and daily up trend broken points to consolidation play this week. 50% of previous week range is expected.
Lawrence's Comment
Recap
2nd inside week with magic support right above Y-1. Closed the week near Y-1 and B-1.
Outlook
No one dare to challenge BOJ hence the choppy actions and lack ...
Lawrence's Comment
Recap
Pullback as expected. Down to Y-0 zone as expected. And took off to retest Y+1, then breakout to almost Y+2. Closed the week near high of week.
Outlook
The ...
Lawrence's Comment
Recap
Behaved similar to Dow in drifting higher with clear extra strength coming from short squeeze has taken NQ above Y+2. Tried hard to stay about the inside ...
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
USDJPY Mar 23 to Mar 27 Outlook
Lawrence’s Comment
Trend line break play worked out with ninja dropped to almost Y-3. Strong reaction right after taking ninja back up to exactly where the breakdown started. Closed the week near Y-2 and midpoint.
Outlook
Wide range week and daily up trend broken points to consolidation play this week. 50% of previous week range is expected.
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