EUR - D chart shows the major support/resistance bands. 4hr shows we are still on lower high lower low flow, however we are approaching a possible low at 1.2920. 1hr tried to go up twice on Fri and was rejected both times. A move up could be rejected at 1.2955 Y's low, today's open or 1.30 the D pivot/low from 19 Sep. Bias for now on further move down.
GU - D hammer then shooting star makes things difficult. In the bigger
picture we are still moving up with 4hr still on for higher high higher
low. 1hr appears to be on lower high lower low. Whilst engulfing
candles normally follow through (for a scalp trade at least) would
prefer to see TF's fall in line to trade.
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