"Weekly Outlook" Posts
USDCAD Sep 14 to Sep 18 Outlook
By News Robot
Lawrence’s Comment Recap Compression all week simply swinging around Y-0. Closed the week above Y-0 and midpoint. Outlook Inside week with tight range gives us breakout mode. Clearing the 3 week upper boundary points to a run above B+3 / 1.36 area. Clearing the lower boundary points to a steep pullback to B-3 area.
GBPUSD Sep 14 to Sep 18 Outlook
By News Robot
Lawrence’s Comment Recap Cable snapped out of its tight down channel to the upside which led to a charge towards the start of the channel at Y+1. Y+1 tagged and cable stalled since. Closed the week near Y+1 and above midpoint. Outlook The bearish flush pattern did not play out, hence this rally will not […]
EURUSD Sep 14 to Sep 18 Outlook
By News Robot
Lawrence’s Comment Recap Y-0 acted as resistance initially but not strong enough to hold euro down. Clearing Y-0 gave way to retest Y+1. Closed the week near Y+1 and week high. Outlook Crime scene 1.14 is in play. If it decisively stops euro from going higher, euro will be forced to go back down to […]
AUDUSD Sep 14 to Sep 18 Outlook
By News Robot
Lawrence’s Comment Recap Aussie bounced with the rest of the majors due to dovish expectation / rumors all week. As expected, Y-0 was tested aftter Y-1 acted as support. Wild swings around 0.70 round number. Closed the week above Y-0 and near week high. Outlook Y-0 / B-0 now strong support for a test of […]
Dow 30 Sep 14 to Sep 18 Outlook
By News Robot
Lawrence’s Comment Recap The 2-way swings expectation played out nicely. Dow did its usual gap above Y-0 trick which forced a squeeze to test Y+1. FBO against Y+1 gave us a drop back down to Y-0 and an attempt to fill the gap below. Closed the week near Y-0 and below midpoint. Outlook All eyes […]
USDJPY Sep 14 to Sep 18 Outlook
Lawrence’s Comment Recap Wait and see mode as mentioned last week. Previous week close acted as support sending ninja back up to Y-0 and then back up to the crime scene right below Y+1 from the week before. Closed the week above Y-0 and B-0. Outlook Inside week gives us breakout mode with bias to […]