Monday, September 23, 2013

23 Sep 2013

GU - D closed a large body doji above 8lwma, RSI flat above 50 level but crossed lower. 4hr flow was lower high lower low, that might have turned but could just be Asian session pause. Bias up.

EJ - D closed a doji, no follow through higher after the over sized candle on Thursday. 4hr lower high after divergence and RSI cross below signal line did follow through lower and might continue to do so. Viewing this as dip in uptrend until D confirms otherwise, bias up.

EURAUD - D closed positive, RSI crossed up and on 50 level. Gapped up on the open but strong retrace lower in Asian session. No bias.

AUD - D closed negative, RSI crossed lower but above 50 level. Gapped lower on the open but strong move higher in Asian session. No bias.

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