Wednesday, June 26, 2013

26 June 2013

EUR - D closed negative as per the down bias, we haven't broken Mondays lows but all signals are for down bias to continue.

GU - D closed a doji, 4hr sideways. No bias.

EJ - The sideways drift continues. No bias.

EURAUD - After showing divergence D RSI crossed below its signal line but still above the 50 level. The 4hr and 1hr charts show the struggle to go lower. But for now the short term bias remains down until we get solid confirmation that uptrend is continuing.

AUD - D closed an inside candle doji. The move up has been very weak so far. 4hr is making higher lows but not convinced yet as a buyer. 1hr certainly not giving clean higher low signals. No bias.

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