"Weekly Outlook" Posts
AUDUSD Jan 11 to Jan 15 Outlook
By News Robot
Lawrence’s Comment Recap Bearish expectation worked out for Aussie. Rising wedge breakdown led to selloff down to target Y-5 and below. Closed the week below Y-5 and near week low. Outlook Weaknesses in Aussie means gold may have limited upside. Consolidation likely with reduced range for Aussie this week. B-1 turning into support points to […]
EURUSD Jan 11 to Jan 15 Outlook
By News Robot
Lawrence’s Comment Recap Euro sold off from Y-0 resistance zone as expected. Y-3 downside target tagged and led to a strong bounce back up. Closed the week near Y-0 and week high. Outlook Euro bounced due to sell off in worldwide stock markets. This effect has limited upside potential. Y-1 / B-0 support points to […]
S&P 500 Jan 11 to Jan 15 Outlook
By News Robot
Lawrence’s Comment Recap Monday gapped below critical support which then turned into resistance. Trend sell all week until 200% aboslute range expansion was reached. Closed the week below Y-5 and at week low. Outlook A quick drop below B-1 and snap back up above B-1 will give us a bounce back up to Y-5 / […]
USDJPY Jan 11 to Jan 15 Outlook
Lawrence’s Comment Recap Ninja breakdown from 120 support zone led to a flush back down to monthly support 116-117 area. Closed the week below Y-5 and near week low. Outlook More downside is expected. If ninja find support at 117 round number early in the week, a bounce back up to B-0 and retest of […]