Friday, April 26, 2013

EUR GU EJ 26 Apr

EUR - D closed a shooting star with 1.3000 holding. Range trading continues.

GU - D positive close breaking the immediate range. We will have to see if there is follow through from the news reaction yesterday. 4hr on higher low with resistance from yesterdays high, W M5. Looks like we potentially have divergence. Bias up, potential to fall from double top.

EJ - D closed narrow range, inside candle, doji. 4hr has signaled lower but there has been higher volume coming in above 128.50. No bias.

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