Last week (29/2-3/3)
High - 0.74422
Low - 0.71076
Trend; Bullish
Monthly (March 2016) - targeted bullish
Opening - 0.71401
High - 0.75401
Low - 0.69401
Bankai - 0.71092 (near the 1st weekly low )
Analysis
- 1st week march pips at 334.6 pips
- initial predictions indicate a bearish momentum towards the low at 0.7 level before bullish onwards to 0.725 level during the NFP period.
- the daily movement was bullish all the way since monday.
Week 2 analysis
- bullish mode towards 0.75 LQP area, and a potential towards 0.7750 level by 3rd week.
High - 0.74422
Low - 0.71076
Trend; Bullish
Monthly (March 2016) - targeted bullish
Opening - 0.71401
High - 0.75401
Low - 0.69401
Bankai - 0.71092 (near the 1st weekly low )
Analysis
- 1st week march pips at 334.6 pips
- initial predictions indicate a bearish momentum towards the low at 0.7 level before bullish onwards to 0.725 level during the NFP period.
- the daily movement was bullish all the way since monday.
Week 2 analysis
- bullish mode towards 0.75 LQP area, and a potential towards 0.7750 level by 3rd week.
- if failure to break 0.75 within the week, then a reversal below 0.7250 to 0.700 is expected
- bankai indications at 0.72769
- price may range between 0.725 to 0.75
LQP notes
- the LQP towards 0.7000 was not completed thus the rejection toward the 0.725 LQP in progress for the 2nd week.
- if the price did break or close above 0.75, then we might see another bullish week for the 3rd week heading to 0.775
- price may range between 0.725 to 0.75
LQP notes
- the LQP towards 0.7000 was not completed thus the rejection toward the 0.725 LQP in progress for the 2nd week.
- if the price did break or close above 0.75, then we might see another bullish week for the 3rd week heading to 0.775
Eu - week 2 March 2016
Last week (29/2-3/3)
High - 1.10428
Low - 1.08248
Trend; Bullish
Monthly (March 2016) - targeted bullish
Opening - 1.08760
High - 1.12760
Low - 1.06760
Bankai - 1.085135
Potential High - 1.14248
Analysis
- 1st week march pips at 218.0 pips
- initial predictions indicate a bearish momentum towards the low at 1.075 level before bullish onwards to 1.10 level during the NFP period.
- the movements acted as per the "normal" mode, with 1st 2 days bear and 2nd 3 days bull.
Week 2 analysis
- retracement towards 1.09058 before moving forward to 1.12058
- bankai indications at 1.096045.
Setup
Weekly
Normal
Buy Limit 1.09610 tp 1.12058 / 1.12610
Buy Limit 1.09100 tp 1.12100
Shunko (Lvl 1)
Buy Limit 1.09650 tp 1.10150 / 1.10650 / 1.11150 / 1.12050
Buy Limit 1.09100 tp 1.09600 / 1.10100 / 1.10600 / 1.11100 / 1.11600 / 1.12100
LQP notes
- the LQP towards 1.0750 was not completed thus the rejection toward the 1.1250 LQP in progress for the 2nd week.
- if the price did break or close above 1.1250, then we might see another bullish week for EU for the 3rd week heading to 1.1500.
High - 1.10428
Low - 1.08248
Trend; Bullish
Monthly (March 2016) - targeted bullish
Opening - 1.08760
High - 1.12760
Low - 1.06760
Bankai - 1.085135
Potential High - 1.14248
Analysis
- 1st week march pips at 218.0 pips
- initial predictions indicate a bearish momentum towards the low at 1.075 level before bullish onwards to 1.10 level during the NFP period.
- the movements acted as per the "normal" mode, with 1st 2 days bear and 2nd 3 days bull.
Week 2 analysis
- retracement towards 1.09058 before moving forward to 1.12058
- bankai indications at 1.096045.
Setup
Weekly
Normal
Buy Limit 1.09610 tp 1.12058 / 1.12610
Buy Limit 1.09100 tp 1.12100
Shunko (Lvl 1)
Buy Limit 1.09650 tp 1.10150 / 1.10650 / 1.11150 / 1.12050
Buy Limit 1.09100 tp 1.09600 / 1.10100 / 1.10600 / 1.11100 / 1.11600 / 1.12100
LQP notes
- the LQP towards 1.0750 was not completed thus the rejection toward the 1.1250 LQP in progress for the 2nd week.
- if the price did break or close above 1.1250, then we might see another bullish week for EU for the 3rd week heading to 1.1500.
