20Aug 2013

EUR - D closed another doji with the upper resistance level 1.3380 holding. We are above D and 4hr RSI 50 level and above the moving averages so bias should be up but this can go either way. There should be better opportunities elsewhere. No bias.

GU - D closed positive with the upper resistance level holding, still on higher high higher low. 4hr negative divergence. Bias should be up for same reasons as EUR but this can go either way. No bias.

EJ - D closed a shooting star, the move above the recent range strongly rejected. No bias.

EA - D positive close, engulfing candle. Asian session moved up strongly this morning. Bias up.

AUD - D closed negative, engulfing candle. Asian session has pushed lower to the area of the lows 3-15 July. Bias down.