"Weekly Outlook" Posts

EURUSD Jun 13 to Jun 17 Outlook

By News Robot

Lawrence’s Comment Recap More upside as expectation. 1.14 proven strong resistance as stated in Jun MBO newsletter update. Pullback to Y-0 eventually. Closed the week near Y-0 and week low. Outlook Last week before Brexit. Liquidity will dry up and that means the closest boundaries will be challenged easily and if they failed to contain […]

USDJPY Jun 13 to Jun 17 Outlook

By News Robot

Lawrence’s Comment Recap Up drift to 1/2 the breakdown move and then went into consolidation. Closed the week above Y-1 and near midpoint. Outlook Brexit will affect all majors. Obvious support / resistance zones will be easily breached. Flush low to B-2 / B-3 and snap back points to strong reversal for B+2 play.

Dow 30 Jun 13 to Jun 17 Outlook

By News Robot

Lawrence’s Comment Recap Dow popped higher yet failed to clear Y+2. Breached Y+1 by end of the week and dropped to Y-0 and below. Closed the week near Y-0 and week low. Outlook Potential FBO against May high. As long as Y+1 acting as resistance a move back down to Y-3 / B-3 is in […]

AUDUSD Jun 13 to Jun 17 Outlook

By News Robot

Lawrence’s Comment Recap Aussie chose to range expand first towards Y+2 before pullback down to Y+1. Closed the week near Y+1 and below midpoint. Outlook V-reversal potential but not confirmed yet. Closing below B-1 on weekly basis will point to further down side including test of Y-1 and below.

USDCAD Jun 13 to Jun 17 Outlook

By News Robot

Lawrence’s Comment Recap Slided down to Y-2 and in turn stops are triggered leading to Y-3. Support at Y-3 gave us consolidation actions since. Closed the week below Y-2 and midpoint. Outlook As long as Y-3 / B-1 acting as support, B-0 and Y-1 are in play.

S&P 500 Jun 13 to Jun 17 Outlook

By News Robot

Lawrence’s Comment Recap Bullish setup wroked out with Y+2 tagged. Since then weaknesses kicked in and dropped to Y-1. Closed the week near Y-1 and week low. Outlook Outside reversal week is bearish if we get a confirmation this week. Resistance above Y+1 / B-0 with huge daily pocket below down to Y-3 / B-2 […]

GBPUSD Jun 13 to Jun 17 Outlook

By News Robot

Lawrence’s Comment Recap Compression within Y-1 / Y-0 initially as expectation. Fake out on both ends as expected too. End of week collapse sent cable down to normal Y-2 downside target. Closed the week near Y-2 and below midpoint. Outlook Last week from Brexit and liquidity issue will easily swing cable both ways. Only deep […]

Nasdaq 100 Jun 13 to Jun 17 Outlook

By News Robot

Lawrence’s Comment Recap Weakest of the 3 indices, resistance at Y+1 all week and collapsed down to near Y-3 as expected. Closed the week near Y-2 and week low. Outlook There is no real support below until B-2 and B-3. Upside resistance very strong from B-0 to 4500 round number. As forex markets waiting for […]