"Weekly Outlook" Posts
USDCAD Oct 03 to Oct 07 Outlook
By News Robot
Lawrence’s Comment Recap FBO against Y+1 gave us a drop until 100% absolute range expansion. Since then bounced back up to week midpoint. Closed the week near Y-0 and below midpoint. Outlook Monthly bear flag with quarterly pullback time window used up. A sudden dip back down to B-2 potential. As long as the weaknesses […]
S&P 500 Oct 03 to Oct 07 Outlook
By News Robot
Lawrence’s Comment Recap Pocket below Y-0 was taken care of first thing in the week, giving ES an excuse to go higher to fill the open gap above right after. 2 legs up to finally close the gap but then Deutsche Bank event dropped ES back down to retest the support. That did not stop […]
EURUSD Oct 03 to Oct 07 Outlook
By News Robot
Lawrence’s Comment Recap FBO against Y+1 gave us Y-0 and the next support below. Closed the week above Y-0 and midpoint. Outlook Non-stop intervention by ECB and other central banks, Euro has been wasting all its fuel to hold up in the current level. Once a breakdown below 1.10 started, it will be very difficult […]
Nasdaq 100 Oct 03 to Oct 07 Outlook
By News Robot
Lawrence’s Comment Recap Gapped below support zone to start the week but found support at the former breakout crime scene quickly. NQ surged higher and filled the weekly gap above. Resistance near previous week close forced NQ to test its support below once more. NQ took off from there and printed week high. Closed the […]
AUDUSD Oct 03 to Oct 07 Outlook
By News Robot
Lawrence’s Comment Recap Aussie held previous week close and pushed higher to Y+1 and above. Y+1 failed to act as support and led to a drop back down to week low. Closed the week above Y-0 and near midpoint. Outlook Y+1 /B+1 resistance will send Aussie back down to B-1 and B-2.
GBPUSD Oct 03 to Oct 07 Outlook
By News Robot
Lawrence’s Comment Recap Y-1 support helped cable to bounce back up to Y-0. Failed to clear Y-0 Cable droppped back down to near Y-1. Closed the week below Y-0 and midpoint. Outlook Consolidation / inside week points to continuation likely. As long as cable fails to clear Y-0 / B-0 zone from below potential parabolic […]
Dow 30 Oct 03 to Oct 07 Outlook
By News Robot
Lawrence’s Comment Recap Dow gapped below support zone and flushed straight down to Y-1 first before finding support. FBO against Y-1 gave us a run back up to Y-0 and gap fill. Monday high support gave us a run for 100% absolute range expansion before Dow stalled again. Y-1 support helped Dow to surge higher […]
USDJPY Oct 03 to Oct 07 Outlook
Lawrence’s Comment Recap Y-1 acted as support and sent this back up to Y-0 resistance. Closed the week near Y-0 and above midpoint. Outlook B-0 / Y-0 zone potential support for breakout play above B+1 with targets B+2 and B+3.