"Weekly Outlook" Posts
USDCAD Mar 14 to Mar 18 Outlook
By News Robot
Lawrence’s Comment Recap Strong reactions around Y-1. 100% absolute range expansion capped the moves. Closed the week below Y-1 and midpoint. Outlook Y+1 now important resistance to clear to confirm weekly pullback completion. 1.32 down to 1.30 consolidation important for the monthly uptrend to continue.
AUDUSD Mar 14 to Mar 18 Outlook
By News Robot
Lawrence’s Comment Recap Consolidated around Y+1 until Y+1 turning into support. Moved higher until 50% previous week range established. Closed the week above Y+1 and midpoint. Outlook Above B+1 likely. FBO against B+1 points to break down play with Y-0 crime scene target.
USDJPY Mar 14 to Mar 18 Outlook
By News Robot
Lawrence’s Comment Recap Y-1 tested led to a run for Y+1. Y+1 also rejeted. Closed the week above Y-0 and midpoint. Outlook Inside week gives us breakout mode. Targets B+3 and B-3.
S&P 500 Mar 14 to Mar 18 Outlook
By News Robot
Lawrence’s Comment Recap ES bull flag on 30-min and hourly landed at Y-0 support. Strong squeeze on the shorts led to breakout of Y+1. Closed the week above Y+1 and near week high. Outlook 3rd leg up points to B+2 / Y+2 zone. That’s also key daily / weekly resistance for multiple reasons. Potential completion […]
Nasdaq 100 Mar 14 to Mar 18 Outlook
By News Robot
Lawrence’s Comment Recap Resistance at previous week close kept NQ from going higher with the other 2 indices. A flush back down to pre-break out crime scene produced a sharp rally clearing the previous week close resistance. Closed the week near Y+1 and week high. Outlook More upside potential but can turn into blow off […]
GBPUSD Mar 14 to Mar 18 Outlook
Lawrence’s Comment Recap Cable went sideway until ECB announcement. Successfully filled the open gap above as expected. Closed the week above Y+1 and midpoint. Outlook Strong resistance zone above B+1 upto B+2 where the higher timeframe resistance all lined up. Failing to hold above B-0 will lead to a drop back down to Y-0 and […]