Wednesday, May 17, 2017

GOLD Update


GOLD

Price has achieved LL as of 1214.05 and now on bullish momentum towards previous high of 1292.09


AU Update


AU

Price has achieved LL as of 0.73281 and in the midst of bullish momentum towards previous HH of 0.75553

GJ Update


GJ

Price has achieved HH at 148.095 and in the midst of bearish momentum towards previous LL of 135.583


UJ update


UJ

Price has created a new HH at 114.361 and now in the midst of bearish momentum towards the previous LL of 108.123.


EJ Update


EJ has achieved a HH at 125.805 and now presently on the bearish momentum mode.
Price may look for the previous LL of 114.840 or around the area of 118.25.


EU update


Eu has made the new LL as of last week at 1.08384 and now on the verge of hunting for a new HH with the nearest target at 1.12988.

As long as there are no sign of TRW, thus bullish remain.

In terms of weekly range, price has achieved 100 pips thus far with a potential of another 100 pips to go.


Monday, May 15, 2017

EU Week 3


EU

My initial target remain bearish towards 1.0750 with the potential achievement by this week.
However IF the price break above 1.1025 , then i`ll opt for bullish towards 1.1250 instead.

Let us see where it`ll goes this week then

Notes

1) If price break below 1.0750 by end of Q2, towards parity potentially on Q3.
2) If price reject above 1.0750 by end of Q2, towards 1.1250 potentially on Q3