"Weekly Outlook" Posts
Nasdaq 100 Nov 10 to Nov 14 Outlook
Lawrence’s Comment Recap NQ was the index out of the three that played nice as it followed the normal consolidation behaviour instead of charging higher. Closed the week below Y+1 and above midpoint. Outlook Consolidation after strong run often leads to retest of the high. Hence B+1 is in play. Should the test fail, NQ […]
EURUSD Nov 10 to Nov 14 Outlook
Lawrence’s Comment Recap Euro consolidated around Y-1 instead of finding support there. The inability to have at least one clean 1-2-3 off Y-1 was the clue. Closed the week below Y-1 and midpoint. Outlook Bulls need to clear B-0 and that it turns into support before a more significant bounce can happen.
USDJPY Nov 10 to Nov 14 Outlook
AUDUSD Nov 10 to Nov 14 Outlook
Lawrence’s Comment Recap Whiplash played out as expected. got down to target around Y-3 before support is found. Closed the week below Y-2 and midpoint. Outlook A crossroad here for Aussie. Being able to clear B-0 and that turning into support we get B+1 and probably Y-0 again. As long as B-0 / Y-2 acting […]
GBPUSD Nov 10 to Nov 14 Outlook
Dow 30 Nov 10 to Nov 14 Outlook
S&P 500 Nov 10 to Nov 14 Outlook
Lawrence’s Comment Recap Pullback over first 2 days and then NFP week pattern took over. Closed the week above Y+1 and midpoint. Outlook Thin rising channels do not last. They are also often important swing top for daily level swings. Watch for sudden take down to 2000 and below. It is not necessary the beginning […]
USDJPY Mar 10 to Mar 14 Outlook
AUDUSD Mar 10 to Mar 14 Outlook
Lawrence’s Comment Recap Aussie was the easy play last week. As Y-0 was breached, the down channel was broken giving us upside target of Y+1 and above. Aussie zoomed back up to Y+2. Closed the week above Y+1 and midpoint. Outlook Gold pushed further up giving Aussie the push necessary to break its downtrend. From […]
USDCAD Nov 10 to Nov 14 Outlook
Lawrence’s Comment Recap Bullish bias for Y+1 retest turns into continuation run up to Y+2. 100% abolute range expansion stopped the run. Closed the week near Y+1 and below midpoint. Outlook The turnaround was mainly driven by strength in gold. B-1 / Y+1 zone strong support. Until that is broken we have to assume a […]