Thursday, August 8, 2013

8 Aug 2013

EUR - The smaller bounces lower from 1.3300 did see that level fail and we have moved above. D closed positive near the 31 July high. 4hr on higher high higher low. We are approaching another key resistance level 1.3400/3415. Bias up.

GU - D closed positive on a big move up reacting to news, stopping at an identified resistance level on D/W M1. Virtually no move lower in Asian session. Bias up.

EJ - D closed negative. 4hr on lower high lower low flow. We are in the area of 5-11 July lows so we can move up from here but bias down.

EURAUD - D closed a shooting star but is still on higher high and higher low. 4hr on a lower high, with a 150 pip fall already this morning no idea what this pair can still do. Short term bias down.

AUD - D closed a hammer. 4hr on higher high higher low. Bias up.






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