"Weekly Outlook" Posts
USDJPY Feb 01 to Feb 05 Outlook
By News Robot
Lawrence’s Comment Recap Y-0 support and then breakout to upside target mentioned last week. Stalled when getting near Y+3. Closed the week above Y+2 and near week high. Outlook weekly consolidation / pullback is now over. Weekly uptrend continuation confirmed. Strong support at Y+1 / B-0 zone. More upside in coming weeks.
Dow 30 Feb 01 to Feb 05 Outlook
By News Robot
Lawrence’s Comment Recap Consolidation actions within Y+1 and Y-0 as expected until FOMC announcement. Breakout to the upside and filled the open gap above. Closed the week above Y+1 and near week high. Outlook Y+2 target not tagged yet and should be taken care of quickly next week. Limited upside potential with B+2 potential exhaustion […]
Nasdaq 100 Feb 01 to Feb 05 Outlook
By News Robot
Lawrence’s Comment Recap NQ forced back down to Y-0 as expected. Strong buying defended Y-0 and sent NQ back up to retest Y+1. Closed the week near Y+1 and week high. Outlook Upside breakout will give us B+2. Very strong resistance on weekly basis above B+2. 4300 resistance dropping NQ back down below Y+1 / […]
AUDUSD Feb 01 to Feb 05 Outlook
Lawrence’s Comment Recap Y-0 support and then breakout to the upside. 100% absolute range expansion stopped the rally. Closed the week above Y+1 and midpoint. Outlook Y+1 / B-0 support for the breakout play to continue with upside target Y+3. Failing to hold above Y+1 and that turning into resistance points to Y-1 and below […]