Thread: RTFX TraderTip >> GBP-AUD Analysis - Monday 22 March 2010

RTFX TraderTip >> GBP-AUD Analysis - 22 Mar 2010 The RF Tradertip™ is the presentation of Nostromo system that includes all the technical indicators and resumes the selected currencies pairs' situation on a daily, weekly and monthly basis. DAILY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.6282 Scenario for today Market should not go lower than 1.6387 - 1.6320. After this move down it should go up to 1.6494 - 1.6534 area. Key point 1.6381 Entry point 1.6471 Elliott 1.6671 Closing 1.6400 Projection 1.6215 Trendline 1.6572 Trendline 1.6547 Res 2 1.6669 Ex-High 1.6589 Res 1 1.6534 Pivot 1.6454 Sup 1 1.6320 Ex-Low 1.6374 Sup 2 1.6240 1.6647 1.6596 1.6431 1.6380   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It might hold above 1.6387 or around 1.6374 for a rise towards above 1.6589. Stop loss below 1.6293 zone. Key point 1.6277 Entry point 1.6328 Elliott 1.8284 Closing 1.6400 Projection 1.5994 Trendline 1.6405 Trendline 1.6419 Res 2 1.6778 Ex-High 1.6671 Res 1 1.6589 Pivot 1.6482 Sup 1 1.6293 Ex-Low 1.6374 Sup 2 1.6185 1.6642 1.6573 1.6350 1.6281   Warning: Imminent end of bearish move - Harami MONTHLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There is bearish potential for a fall to 1.7002 - 1.6575 while 1.7429 - 1.7650 resist. After this fall a recovery up to 1.7650 or 1.7870 is expected. Key point 1.5560 Entry point 1.6922 Elliott 1.8284 Closing 1.7016 Projection 1.5994 Trendline 1.7668 Trendline 1.7668 Res 2 1.8724 Ex-High 1.8284 Res 1 1.7870 Pivot 1.7429 Sup 1 1.6575 Ex-Low 1.6989 Sup 2 1.6135 1.7907 1.7603 1.6619 1.6315   Warning: End of trend - Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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