"Weekly Outlook" Posts
USDJPY Sep 05 to Sep 09 Outlook
By News Robot
Lawrence’s Comment Recap Y+1 support helped ninja to push straight up to Y+3 breakout target. Closed the week near Y+3 and above midpoint. Outlook Initial run probably done. Y+3 resistance will signal a pause to this rally has started. Consolidation after wide range week is normal.
USDCAD Sep 05 to Sep 09 Outlook
By News Robot
Lawrence’s Comment Recap Y+1 / previous week close acted as support and sent this higher until 100% absolute range expansion. Reaction to Y+2 dropped this back down to below Y-1. Outlook Daily level support starts at 1.295 with Y-2 stronger support on daily. If higher low is formed on weekly, there is a good chance […]
Dow 30 Sep 05 to Sep 09 Outlook
By News Robot
Lawrence’s Comment Recap Attempted V-reverssal at the start of the week by holding above Y-0 failed. Dow collapsed lower until Y-1 was tagged. FBO against Y-1 gave us Y-0 target. Closed the week near Y-0 and above midpoint. Outlook Back to the former congestion zone that Dow spent months within. Dow failing to hold above […]
GBPUSD Sep 05 to Sep 09 Outlook
By News Robot
Lawrence’s Comment Recap Further pullback happened but Y-1 was not tagged. This gives cable the strength to clear Y-0 and gun for Y+1 and above. Closed the week above Y+1 and midpoint. Outlook Stop run does not last. B+1 resistance will send this back down to B-0 / Y-0. Failing to close above support zone […]
S&P 500 Sep 05 to Sep 09 Outlook
By News Robot
Lawrence’s Comment Recap ES tried to zoom higher but failed to hold above Y-0 as support. ES dropped to Y-1 eventually and bounced. V-reversal carried ES straight up to make new high for the week. Closed the week above Y-0 and midpoint. Outlook As long as B-0 / Y-0 holds, ES can push for more […]
EURUSD Sep 05 to Sep 09 Outlook
Lawrence’s Comment Recap Continuation drop turned into falling wedge and bottom out. Reversal forced a test of the crime scene of the breakdown. Closed the week below Y-1 and midpoint. Outlook B-1 retest likely. B-2 continuation target.