"Weekly Outlook" Posts
GBPUSD Feb 23 to Feb 27 Outlook
By News Robot
Lawrence’s Comment Recap Nothing happened to Euro, so cable stayed there in consolidation. Y+1 resistance sent cable back down to Y-0 and then it took off to new high. Equal distance from previous week close capped the upside move. Closed the week above Y-0 and near midpoint. Outlook Consolidation with Y-0 defended implies strength. Another […]
EURUSD Feb 23 to Feb 27 Outlook
By News Robot
Lawrence’s Comment Recap 2nd tight range week in a row waiting for the Greece / EU decision on Friday and over the weekend. Closed the week above Y-0 and near midpoint. Outlook The drama is not over and the so called “agreement” is as fake as before. Until we have clarity with the situation, the […]
S&P 500 Feb 23 to Feb 27 Outlook
By News Robot
Lawrence’s Comment Recap ES went sideway all week until Friday. News from Europe helped ES clearing the 2100 resistance finally and zoomed straight up. Closed the week above Y+1 and at week high. Outlook As I told my newsletter subscribers, ES is expected to move higher into end of February. Everything is on schedule and […]
USDCAD Feb 23 to Feb 27 Outlook
Lawrence’s Comment Recap Drifted lower as expected. Found support at previous spike low and bounced back up to Y-0. Closed the week below Y-0 and above midpoint. Outlook The consolidation is likely not over yet. Confirmed break above B+1 will point to retest of the recent multi-year high.