Recap Ninja breakout to the upside right from the beginning of the week. It then drifted higher to above 100 before sold off violently. Closed the week below midpoint and above Y+1.
Outlook The run to Y+2 and above confirmed the break of the down trend on daily. As long as B-1 is acting as support, a retest of B+1 is likely.
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
Lawrence's Comment
Recap
The wildest swings within a week in US stock market history. Closed the week above Y-1.
Outlook
The waterfall selloff is now completed and that the first leg of this ...
USDJPY Sep 09 to Sep 13 Outlook
Lawrence’s Comment
Ninja breakout to the upside right from the beginning of the week. It then drifted higher to above 100 before sold off violently. Closed the week below midpoint and above Y+1.
Outlook
The run to Y+2 and above confirmed the break of the down trend on daily. As long as B-1 is acting as support, a retest of B+1 is likely.
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