16 Sep 2013

GU - The hanging man/doji close on Thursday was not the start of move down, just a pause in uptrend. Gapped up and would normally expect gap to be closed before trend resumes. Bias up but the gap up could cause a few issues.

GBPAUD - D closed positive, RSI crossed up. 4hr on higher high higher low. Gapped down this morning. Bias up.

EJ - D closed a large doji, RSI flat. 4hr on lower high but showing the double bottom.. No bias.

EURAUD - D closed positive but within the previous days highs. Gapped down and Asian session pushed lower but already retraced up over 100 pips from last weeks lows. For now 1.4240 - 1.4400 the range time will tell who wins out.

AUD - D closed negative with a lower wick, Thursdays low holding. Gapped up this morning, then pushed higher, retraced almost 80 pips already.