"Weekly Outlook" Posts
GBPUSD Apr 25 to Apr 29 Outlook
By News Robot
Lawrence’s Comment Recap Y-1 holds gave us a push for Y+1 and above. Consolidation around Y+1 after 100% absolute range expansion. Closed the week above Y+1 and near week high. Outlook 4 hour bear flag / up channel in the making. Channel resistance above points to potential pullback to B-0 / Y-0 zone. Clearing the […]
USDCAD Apr 25 to Apr 29 Outlook
By News Robot
Lawrence’s Comment Recap Bear flag breakdown gave us Y-1 and below as expected. Y-2 tagged and consolidation between Y-1 and Y-2 since. Closed the week below Y-1 and midpoint. Outlook B-1 retest likely. Double bottom against B-1 points to at least a test of Y-0. Closing above B-0 will signal short term bottom in place.
Nasdaq 100 Apr 25 to Apr 29 Outlook
By News Robot
Lawrence’s Comment Recap NQ Y+1 resistance gave us the drop to Y-0 as expected and that in turn unlocked the open gap and led to free fall back down to Y-1. NQ found support at 100% absolute range expansion and bouned. Closed the week below Y-0 and midpoint. Outlook Y-0 / B-0 very strong resistance […]
EURUSD Apr 25 to Apr 29 Outlook
By News Robot
Lawrence’s Comment Recap Resistance zone worked out and forced a drop to Y-1 as expected. Closed the week below Y-1 and at week low. Outlook More downside expected. daily down trend established.
S&P 500 Apr 25 to Apr 29 Outlook
By News Robot
Lawrence’s Comment Recap ES followed Dow to tag Y+2 before a more serious pullback materialized. Premium members were informed about the reversal well ahead of time. Closed the week near Y+1 and midpoint. Outlook FBO against Y+1 potential but not confirmed yet. Usually the winning side can be determined from Monday closing. As long as […]
USDCAD Jan 25 to Jan 29 Outlook
By News Robot
Lawrence’s Comment Recap Consolidation actions around Y+1 as expected. Resistance mentioned last week stopped the push higher. FBO against Y+1 sent this straight down until 100% absolute range expansion was reached. Closed the week near Y-1 and week low. Outlook The thin up channel was not sustainable and this sharp pullback is expected. Weekly support […]
AUDUSD Jan 25 to Jan 29 Outlook
By News Robot
Lawrence’s Comment Recap Attempted to hold Y-1 earlier in the week leading to a pop higher back up to Y+1. Closed the week above Y-0 and midpoint. Outlook Consolidation actions indicate indecision. Breakout mode points to B+3 / B-3 potential.
S&P 500 Jan 25 to Jan 29 Outlook
By News Robot
Lawrence’s Comment Recap Y-0 resistance sent ES lower. Attempt to hold above Y-1 failed and resulting in a gap down that sparked a flush to Y-2 downside target. Strong reversal from there led to retest of Y-0. Closed the week near Y-0 and week high. Outlook More upside likely with strong support at B-0 / […]
Nasdaq 100 Jan 25 to Jan 29 Outlook
By News Robot
Lawrence’s Comment Recap NQ test of downside target as expected and sparked a strong rally off the support. Follow thru actions pushed NQ back up above normal reversal target Y-0. Closed the week above Y-0 and near week high. Outlook 4300 original zone which the dip buyers stepped in and many are forced out last […]
AUDUSD Apr 25 to Apr 29 Outlook
Lawrence’s Comment Recap Y-0 support gave us the run to Y+2 as expected. 3 pushes up against Y+2 produced the drop back down to Y+1. Closed the week above Y-0 and below midpoint. Outlook Potential FBO against Y+1 in place. As long as Y+1 /B-0 acting as resistance Aussie may have to drop back down […]