Recap Y-1 held sending ninja back up to Y-0 and then Y+1. Y-0 support since helping ninja to retest and complete measured move on weekly to the upside. Closed the week above Y-0 and midpoint.
Outlook The up move last week was not a strong one but helped to build a support zone at Y-0 / B-0. If that is breached, ninja will drop back down to Y-1 / B-1. If it is a weekly bear flag in the making, ninja will have one more push towards 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
I promised several members to write about specific trading techniques for forex. I have not forgotten about that. I have been working on them for some time. Just some more ...
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
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
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
USDJPY Apr 13 to Apr 17 Outlook
Lawrence’s Comment
Y-1 held sending ninja back up to Y-0 and then Y+1. Y-0 support since helping ninja to retest and complete measured move on weekly to the upside. Closed the week above Y-0 and midpoint.
Outlook
The up move last week was not a strong one but helped to build a support zone at Y-0 / B-0. If that is breached, ninja will drop back down to Y-1 / B-1. If it is a weekly bear flag in the making, ninja will have one more push towards Y+2.
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