"Weekly Outlook" Posts
USDJPY Mar 21 to Mar 25 Outlook
By News Robot
Lawrence’s Comment Recap Compressed further early in the week leading to clean Breakout to the down side. 100% absolute range expansion stopped the drop. Closed the week below Y-1 and midpoint. Outlook Y-3 target not tagged yet. Y-1 / B-0 resistance until proven otherwise. Retest of B-1 and tagging Y-3 likely.
GBPUSD Mar 21 to Mar 25 Outlook
By News Robot
Lawrence’s Comment Recap Strong resistance above on higher timeframe gave us a freefall back down to below Y-1. Yet central banks working together turned the move into FBO against Y-1 and slingshot cable back up to Y+1. Closed the week above Y+1 and near week high. Outlook Pure surprise move caught majority of players offguard. […]
USDCAD Mar 21 to Mar 25 Outlook
By News Robot
Lawrence’s Comment Recap Early attempt to move higher blocked at the resistance zone leading to freefall back down to Y-1 and tagged the normal Y-2 continuation target. Closed the week below Y-2 and midpoint. Outlook Surprise move points to a test of Y-1 / B-0 likely. Clearing that points to potential spike low on weekly […]
AUDUSD Mar 21 to Mar 25 Outlook
By News Robot
Lawrence’s Comment Recap FBO against B+1 gave as sell off down to 100% absolutely range expansion. Buying discovered there produced a short squeeze straight back up to Y+1 and above. Tagged Y+2 and stalled. Closed the week near Y+1 and above midpoint. Outlook Y+1 / B-0 support will force a retest of B+1. B+1 acting […]
Dow 30 Mar 21 to Mar 25 Outlook
By News Robot
Lawrence’s Comment Recap Multiple gap down early in the week was defended at Y-0. Eventually, breakout of the bull flag and led to a run to target above Y+1. Reverse waterfall effect sent Dow straight up to above Y+2. Closed the week above Y+2 and near week high. Outlook Blow off top in the making. […]
EURUSD Mar 21 to Mar 25 Outlook
Lawrence’s Comment Recap Euro shot higher as expected to the target zone after going sideway earlier in the week. Closed above Y+1 and midpoint. Outlook Euro finally entered its longer term reisstance zone and price actions here will be messy as shorter term players scrambling to cover their shorts while long term capital outflow accelerate. […]