Thread: RTFX TraderTip >> EUR-AUD Analysis - Wednesday 21 April 2010

RTFX TraderTip >> EUR-AUD Analysis - 21 Apr 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 EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extension wave down 1.4337 Scenario for today Market should not go lower than 1.4352. After this move down it should go up to 1.4510 - 1.4542 area. Key point 1.4354 Entry point 1.4455 Elliott 1.4689 Closing 1.4419 Projection 1.4264 Trendline 1.4600 Trendline 1.4511 Res 2 1.4664 Ex-High 1.4600 Res 1 1.4542 Pivot 1.4478 Sup 1 1.4356 Ex-Low 1.4414 Sup 2 1.4292 1.4633 1.4596 1.4475 1.4438   Warning: Low Zone - Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4349 Scenario for this week Current upmove should be ended around 1.4661 - 1.4715. Any correction consolidation should find support in 1.4551 - 1.4494 zone. Key point 1.4658 Entry point 1.4689 Elliott 1.4720 Closing 1.4602 Projection 1.4349 Trendline 1.4499 Trendline 1.4650 Res 2 1.4829 Ex-High 1.4720 Res 1 1.4715 Pivot 1.4607 Sup 1 1.4494 Ex-Low 1.4499 Sup 2 1.4386 1.4782 1.4705 1.4457 1.4380   Warning: End of trend MONTHLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It is likely to fall to 1.4473 or below 1.4217 in extension while 1.4838 - 1.4966 area offer resistance. Above 1.5094 the outlook could turn bullish. Key point 1.4408 Entry point 1.4604 Elliott 2.0391 Closing 1.4729 Projection 1.3144 Trendline 1.5207 Trendline 1.4840 Res 2 1.5459 Ex-High 1.5202 Res 1 1.5094 Pivot 1.4838 Sup 1 1.4473 Ex-Low 1.4582 Sup 2 1.4217 1.5152 1.4990 1.4465 1.4303   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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