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
Test of Y-0 as expected. Euro held up well there, led to a run above Y+1. Euro could not stay above and stalled back down. Closed the week below ...
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 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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