Friday, October 10, 2014

10 October 2014

Yesterday, BOE keeps rate unchanged.

EU rose to the high of W R2 1.2790 before dropping to 1.2660. Bias up.
Daily - Previous day candle closed with an inverted hammer, above 8 lwma, RSI below 50.
H4 - Higher low, below 8 lwma, RSI above 50, below signal. W M3 1.2614, W R1 1.2652, W R@ 1.2790.




GU rose to the high of 1.6220 before dropping to W M3 1.6125. Bias up.
Daily - Previous day candle closed with an inverted hammer, above 8 lwma, RSI below 50.
H4 - Higher low, below 8 lwma, below signal, RSI above 50. W P 1.6068, W R1 1.6185, W M4 1.6294.



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