Thursday, May 2, 2013

EUR GU EJ 2 May

EUR - D closed a shooting star rejecting an identified resistance level/W R3 1.3235 with divergence. On D chart this can be a pause in uptrend as we are above the 8 lwma and 50 RSI level. 4hr has signaled a sell with engulfing close, short term bias down with potential to revert to D uptrend.

GU - D closed a shooting star rejecting upper channel/resistance level/W R1 1.5580. 4hr showing divergence and has signaled a sell. Short term bias down with potential to revert to D uptrend.

EJ - D closed a doji. 4hr has signaled a sell, short term bias down.







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