"Weekly Outlook" Posts
GBPUSD Sep 26 to Sep 30 Outlook
By News Robot
Lawrence’s Comment Recap Colsolidation around Y-1 until FOMC announcement. Test of 1.31 round # failed and led to equal distance drop down to week low. Closed the week below Y-1 and midpoint. Outlook Spike low below B-1 but above Y-2 / B-2 can spark a rally back up to Y-0.
Dow 30 Sep 26 to Sep 30 Outlook
By News Robot
Lawrence’s Comment Recap Dow consolidated around Y-0 until FOMC announcement. After announcement Dow rushed to 100% absolute range expansion target and stalled from there. Closed the week above Y-0 and near midpoint. Outlook As long as Y-0 / B-0 zone holds, retest of B+1 and open gap fill above likely.
USDCAD Dec 26 to Dec 30 Outlook