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
Went lower as expected. Violent challenge of Y-1 from below failed and gave as 1.27 by end of the week. Closed the week below Y-2 and near ...
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
Cannot clear previous week close and led to all out selloff down to Y-3 target. Bounced from Y-3 and tested Y-1 from below. Closed the week below Y-1 and ...
USDJPY Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Previous week close support helped sending ninja higher. Consolidation week actions since. Closed the week near Y+1 and midpoint.
Outlook
Consolidation around Y+1 after a strong rally is bullish. As long as B-2 / Y-0 holds up, retest of B+1 likely.
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