Thread: RTFX TraderTip >> EUR-AUD Analysis - Friday 10 September 2010

RTFX TraderTip >> EUR-AUD Analysis - 10 Sep 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 : extended impulse wave down 1.3708 Scenario for today One more dip to 1.3737 - 1.3690 is likely followed by a grind higher to 1.3817 - 1.3850. After which it can resume its downtrend. Key point 1.3713 Entry point 1.3777 Elliott 1.4138 Closing 1.3756 Projection 1.3708 Trendline 1.3852 Trendline 1.3813 Res 2 1.3943 Ex-High 1.3878 Res 1 1.3850 Pivot 1.3784 Sup 1 1.3690 Ex-Low 1.3719 Sup 2 1.3625 1.3985 1.3951 1.3838 1.3803   Warning: End of trend - Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.3694 Scenario for this week There is bearish potential for a fall to 1.4033 - 1.3933 while 1.4133 - 1.4200 resist. After this fall a recovery up to 1.4200 or 1.4268 is expected. Key point 1.3988 Entry point 1.4106 Elliott 1.4973 Closing 1.4067 Projection 1.3694 Trendline 1.4291 Trendline 1.4293 Res 2 1.4468 Ex-High 1.4333 Res 1 1.4268 Pivot 1.4133 Sup 1 1.3933 Ex-Low 1.3999 Sup 2 1.3798 1.4324 1.4214 1.3859 1.3749   MONTHLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.3673 Scenario for this month Market should not go lower than 1.4180 - 1.4059. After this move down it should go up to 1.4391 - 1.4480 area. Key point 1.3951 Entry point 1.4086 Elliott 1.5016 Closing 1.4238 Projection 1.3259 Trendline 1.4544 Trendline 1.4072 Res 2 1.4722 Ex-High 1.4544 Res 1 1.4480 Pivot 1.4302 Sup 1 1.4059 Ex-Low 1.4123 Sup 2 1.3881 1.4543 1.4396 1.3921 1.3774   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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