Lawrence's Comment
Recap
Pushing higher as expected and get near Y+2 before stalling. Closed the week above Y-0 and near midpoint.
Outlook
Signs of exhaustion in the up trend points to potential ...
Lawrence's Comment
Recap
As explained last week, NQ likely test the nearest support below first. It did and attempted to take on Y+1 after Dow made its FBO against its Y-1. But ...
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Lawrence's Comment
Recap
Consolidation actions within Y+1 and Y-0 as expected until FOMC announcement. Breakout to the upside and filled the open gap above. Closed the week above Y+1 and near week ...
USDJPY Aug 06 to Aug 10 Outlook
Lawrence’s Comment
Did not hold above Y-0. Fighting to hold the 78 level all week. Closed the week above Y-0 and midpoint.
Outlook
Basing price action last week points to potential quick run to B+2 if early next week B-0 acts as support.
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