Tuesday, May 24, 2016

Monday update @ 11.51pm

EU

Price has dropped from 1.16 to 1.13 the last 2 weeks, before it remain below 1.1325 for 2 days and bearish towards 1.1175 on Thursday.

The price however bulled towards 1.1250 and close below 1.1220

Monday it moves bearish toward 1.1175 against expected move toward 1.1325 as per my initial guess and today (Tuesday), it has move from 1.122 towards 1.112 (as of now at 1.14).

If based on present understanding, price will return bullish towards 1.1175 before closing above it as to remain bullish towards 1.1325 this week. However, if it closes below 1.1175 then bearish all the way to 1.0825,

Price level to note

- 1.1075
- 1.0925
- 1.0825


GU

Price has dropped from 1.4675 to 1.442 below and it supposedly to move towards 1.4325 for the LONG MOVE but it fails and rejected thus closing at 1.448.

As it failed to move below 1.4425, thus the price bull back toward 1.4675 (1.463 highest).

Price level to note

- 1.4675
- 1.4575
- 1.4425
- 1.4325

GJ

Price has dropped from 161.75 to 158.034, and supposedly close below 158.25 which supposed lead to another bearish momentum. However the price bullish towards 160.912 instead.

Price level to note

- 161.75
- 160.75
- 159.25
- 158.25

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