13 Aug 2013
EUR - D closed a large body doji, below 8lwma and RSI crossed signal line lower but still above 50 level. 4hr is at a key level potentially on a lower high and a higher low if bounce off W M2 1.3286 confirms. The move lower could be a 15/85 trade. 1hr shows the higher low in Asian session. No bias can go either way.
GU - D closed negative for the 2nd day but still cannot close below the 8lwma. This is because of the over sized candle on 7 Aug, in simple terms 1 good day up then 2 days down cannot cause cross lower. Move down looks very weak. 4hr on open candle looks like it wants to reverse but 1hr still on lower high lower low. Bias down until flow reverses up, this could happen in area of W pivot 1.5426.
EJ - D closed positive with positive divergence. 4hr could not follow through lower yesterday giving a higher low 3 bar reversal positive close off W M2 128.27. Moved up during Asian session and now back in the support/resistance area 129.50 that started the move lower on 9 Aug. No bias can go either way.
EURAUD - D closed positive well below 8lwma/RSI cross. 4hr made a higher low. 1hr about to close on a lower high and close to reversing flow down. No bias can go either way. It appears the positive close may just be rally in down trend.
AUD - D closed negative but could not cause 8lwma cross, 4hr the opposite closing positive but could not cause cross. No bias can go either way.
EUR - D closed a large body doji, below 8lwma and RSI crossed signal line lower but still above 50 level. 4hr is at a key level potentially on a lower high and a higher low if bounce off W M2 1.3286 confirms. The move lower could be a 15/85 trade. 1hr shows the higher low in Asian session. No bias can go either way.
GU - D closed negative for the 2nd day but still cannot close below the 8lwma. This is because of the over sized candle on 7 Aug, in simple terms 1 good day up then 2 days down cannot cause cross lower. Move down looks very weak. 4hr on open candle looks like it wants to reverse but 1hr still on lower high lower low. Bias down until flow reverses up, this could happen in area of W pivot 1.5426.
EJ - D closed positive with positive divergence. 4hr could not follow through lower yesterday giving a higher low 3 bar reversal positive close off W M2 128.27. Moved up during Asian session and now back in the support/resistance area 129.50 that started the move lower on 9 Aug. No bias can go either way.
EURAUD - D closed positive well below 8lwma/RSI cross. 4hr made a higher low. 1hr about to close on a lower high and close to reversing flow down. No bias can go either way. It appears the positive close may just be rally in down trend.
AUD - D closed negative but could not cause 8lwma cross, 4hr the opposite closing positive but could not cause cross. No bias can go either way.
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