Tuesday, May 28, 2013

28 May

EUR - Downtrend still in place, support and resistance levels highlighted.

GU - D lower high close. Bounce Asian session from the support area, W M2 1.5068. No reason to believe this is anything other than a rally in downtrend.

EJ - Uptrend has resumed in Asian session with a 100 pip move up.

EA - No sign of uptrend failing, next identified resistance level I have is 1.3650.

AU - Bouncing off the June '12 low. Only time will tell if this is a change in trend or a pause in downtrend. The reaction last week to the low was nothing like June's.

NU - Divergence at the lows, 1 hr has been chopping a tight range for a few days now.

UC - D higher low seems in place after reject of resistance level 1.0365.








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