"Weekly Outlook" Posts
AUDUSD Jun 06 to Jun 10 Outlook
By News Robot
Lawrence’s Comment Recap Took off from support mentioned last week. Got target Y+2 and above. Closed the week above Y+2 and at week high. Outlook No surprise with the short term bottom. Consolidation between B+1 / B-0 likely as Brexit will likely dominate the scene.
Dow 30 Jun 06 to Jun 10 Outlook
By News Robot
Lawrence’s Comment Recap Consolidation into NFP Friday as expected. Sudden weakening of USD against other majors on Friday gave the stock market strength to hold up. Closed the week above Y-0 and midpoint. Outlook Tight range week with both boundaries tested multiple times means breakout play in the making. First strong directional move outside of […]
USDJPY Jun 06 to Jun 10 Outlook
By News Robot
Lawrence’s Comment Recap Upside breakout right from the start. Failing to hold above Y+1 gave us FBO play for Y-1 and below. Y-1 resistance by end of week gave us a flush straight down to 100% range expansion. Closed the week below Y-4 and near week low. Outlook News shock points to potential bounce back […]
USDCAD Jun 06 to Jun 10 Outlook
By News Robot
Lawrence’s Comment Recap Y-0 support early in the week gave us an up drift ended with 3 pushes up breakdown. Y-0 failed to hold this up and a run down to Y-1 materialized at the end of the week. Closed the week below Y-0 and near week low. Outlook Weekly / monthly struggle here with […]
EURUSD Jun 06 to Jun 10 Outlook
By News Robot
Lawrence’s Comment Recap Rumors / news shocks flying high with inverse head and shoulder formed against Y-1. Upside breakout immediately get us Y+3 target. Closed the week above Y+2 and at weak high. Outlook More upside expected. Short squeeze style in line with the last few ones over the years. May take several weeks to […]
Nasdaq 100 Jun 06 to Jun 10 Outlook
By News Robot
Lawrence’s Comment Recap Consolidation around Y+1 as expected. No strong reactions after NFP leading to a quiet close. Closed the week near Y+1 and midpoint. Outlook Consolidation / ledge actions after significant rally / short squeeze means more upside likely, even though it can be a short lived one. Breaking below B-1 points to quick […]
S&P 500 Jun 06 to Jun 10 Outlook
By News Robot
Lawrence’s Comment Recap Consolidation actions around Y+1 as expected. NFP did not produce a directional move outside of the consolidation range hence no range expansion play. Closed the week near Y+1 and above midpoint. Outlook Ledge actions near Y+1 is bullish. A push towards previous year high potential is there but that may also be […]
GBPUSD Jun 06 to Jun 10 Outlook
Lawrence’s Comment Recap Sudden reversal as expected. Breaking below Y-0 gave us Y-1. 100% absolute range expansion stopped the drop and another sudden reversal by US NFP report. Closed the week below Y-0 and midpoint. Outlook Brexit countdown. News shocks should be expected everyday. Compression around the current level with long tails at both ends […]