Friday, February 15, 2013

EUR GU EJ 15 Feb

15 Feb

EUR - D closed with a lower wick, we are below 50 on RSI but there is divergence. 4hr is on a lower high lower low at the moment, RSI below 50. Bias down.

GU - Very little follow through down after the 13th close, below 50 RSI but showing divergence. 4hr flow lower high lower low and also showing RSI divergence. RSI crossed up giving chance for scalp buys. Having said that bias down until D signals otherwise i.e. the 4hr viewed at the moment as a counter trend scalp opportunity.

EJ - These charts looking the cleanest of the 3. There are the Apr '11 highs that can act as support however bias down.







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