Wednesday, May 25, 2016

EU updates - Thursday 26/5

EU as per previous monday, closed below 1.125 and on Tuesday below 1.1175 and above 1.1125

It stays within the LQP level of 1.10 - 1.1250, with HZ being at 1.1175.

Point to note

1. Monitoring the SQP lvl at H1 tf especially after 8.01am as to find the entry or direction of 25 pips to the next SQP lvl.

2. To based only on H1 opening of 8.01am of the day to determine the next course of action  as the 6.01am appears to be invalid when come to GJ case previously.


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EU remain bearish since it closed below HZ on Tuesday. Unless it closes above HZ today, then it`s altogether another scenario.

AU targeted bullish since remain above the HZ, targeted on 3 SQP areas

GJ on long term is bullish and has closes above 161.75, thus it should be heading towards 163.25.
Unless i`m totally confused as most people prefer bearish.

GU is still bullish on my view as it closes above 1.4675, should be hading towards 1.4825.

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