"Weekly Outlook" Posts
USDJPY Aug 29 to Sep 02 Outlook
By News Robot
Lawrence’s Comment Recap Consolidation around Y-0 until Mrs. Yellen’s comment time. Previous week close defended and led to an all out squeeze higher. 100% absolute range expansion to the upside tagged. Closed the week above Y+1 and near week high. Outlook Squeeze does not last. More upside likely but we cannot tell when the sudden […]
EURUSD Aug 29 to Sep 02 Outlook
By News Robot
Lawrence’s Comment Recap Sideway consolidation around previous week close until Mrs. Yellen comment time. Collapsed lower until 100% of consolidation range. Closed the week near Y-1 and week low. Outlook Inside week still. More downside likely. B-2 reasonable target with Y-0 / B-0 now strong resistance.
USDCAD Aug 29 to Sep 02 Outlook
By News Robot
Lawrence’s Comment Recap Just like the other majors, we have consolidation until Friday. Fade out new low for the week provided the fuel needed to clear Y+1. Closed the week above Y+1 and near week high. Outlook More upside likely. Support Y+1 / B-0.
Nasdaq 100 Aug 29 to Sep 02 Outlook
By News Robot
Lawrence’s Comment Recap Monday wild swings within a tight range gave fuel to the breakout of Y+1. Yet not enough buying to keep NQ staying above Y+1. Fade out actions led to a drop back down to Y-0 and Y-1. Friday event failed to clear Monday high. Eventually collapsed down to below Y-1. Closd the […]
Dow 30 Aug 29 to Sep 02 Outlook
By News Robot
Lawrence’s Comment Recap Dow coiled up on Monday led to attempt to clear Y+1 but failed. Y-0 not strong enough as support, gave way to more selling down below Y-1. Friday event led to spike up challenging Y-0 yet failed again. Closed the week near Y-2 and below midpoint. Outlook Wide range reversal week. Y-1 […]
GBPUSD Aug 29 to Sep 02 Outlook
By News Robot
Lawrence’s Comment Recap Y-0 support for the 2nd leg up towards Y+2. Failed to push above Y+2 and stalled. Friday event led to fade out to new high before collapsing lower back down below Y+1 and midpoint. Closed the week below Y+1 and midpoint. Outlook Y+1 / B-0 now confirmed resistance until poven otherwise. A […]
S&P 500 Aug 29 to Sep 02 Outlook
By News Robot
Lawrence’s Comment Recap Monday coiled actions led to upside breakout to Y+1. Y+1 resistance gace us a drop back down to Y-0. Y-0 failed to hold ES up and gave us almost Y-1. Mrs. Yellen’s comments on Friday led to wild swing to the upside first but not able to clear the original breakdown crime […]
AUDUSD Feb 29 to Mar 04 Outlook
By News Robot
Lawrence’s Comment Recap Test of Y+2 as expected. Failure to hold above Y+1 gave us a eventual drop back down to Y-0. Closed the week near Y-0 and week low. Outlook Confirmed Y+1 / B-0 and above very strong resistance. Breaking below B-1 points to B-2 and B-3.
USDCAD Feb 29 to Mar 04 Outlook
By News Robot
Lawrence’s Comment Recap Y-1 support gave us test of Y-0 and above resistance. Failed to hold above Y-0 gave us retest of Y-1 and a break down to Y-2. Closed the week near Y-2 and week low. Outlook Stop hunt driven move does not last. Y-2 / Y-3 strong support on higher tiimeframes. Support zone […]
AUDUSD Aug 29 to Sep 02 Outlook
Lawrence’s Comment Recap 3rd leg down resulted in a fight to defend of Y-1 which eventually led to a run for Y-0 test after Mrs. Yellen’s comments. Since 2nd swing low was not defended, no fuel to go higher and collapsed from there. Closed the week below Y-1 and near week low. Outlook Down channel […]