Lawrence's Comment
Recap
Test of Y+1 led to clean drop to below Y-0 triggering Y-1 target. Y-0 acted as resistance since giving us Y-1 quickly and Y-2 eventually. Closed the week below ...
Lawrence's Comment
Recap
Rally from higher low support trendline from past 2 weeks back up to Y+1 and then breakout to the upside target. As expected the breakout could not last and ...
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 on a multiple year chart, has its support zone built in 1995.
The ultimate low at 80 or below, if touched, will not likely hold and that could point to ...
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
Once Y-0 was breached, we get our target Y-2. Pretty easy, isn't it?
Outlook
B-1 is potentially a strong support level as many shorts are trapped underneath.
If B-1 acts as ...
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 Sep 19 to Sep 23 Outlook
Lawrence’s Comment
No weekly comment this week due to schedule conflict
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