RTFX TraderTip >> AUD-JPY Analysis - Monday 17 August 2009

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RTFX TraderTip >> AUD-JPY Analysis - 17 Aug 2009 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 AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 77.9100 Scenario for today Market should not go lower than 78.5550 - 77.7900. After this move down it should go up to 79.7750 - 80.2300 area. Key point 78.2850 Entry point 79.4399 Elliott 81.3600 Closing 78.7000 Projection 77.9100 Trendline 80.8499 Trendline 80.3400 Res 2 81.7600 Ex-High 80.8500 Res 1 80.2300 Pivot 79.3200 Sup 1 77.7900 Ex-Low 78.4100 Sup 2 76.8800 81.3112 80.6920 78.6880 78.0688   WEEKLY TECHNICAL ANALYSIS AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week There is bearish potential for a fall to 78.3050 - 77.0700 while 79.5400 - 80.3550 resist. After this fall a recovery up to 80.3550 or 81.1700 is expected. Key point 77.4400 Entry point 79.7251 Elliott 82.0100 Closing 78.7000 Projection 75.0637 Trendline 80.2101 Trendline 80.2101 Res 2 83.6400 Ex-High 82.0100 Res 1 81.1700 Pivot 79.5400 Sup 1 77.0700 Ex-Low 77.9100 Sup 2 75.4400 81.8176 80.8675 77.7926 76.8425   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It may attempt a test higher to 79.3400 - after which weakness may set it to a drift down to 73.4267 limit. Key point 85.0500 Entry point 77.9101 Elliott 70.7700 Closing 79.1400 Projection 86.4322 Trendline 79.5400 Trendline 78.6300 Res 2 85.2533 Ex-High 79.5400 Res 1 82.1967 Pivot 76.4833 Sup 1 73.4267 Ex-Low 70.7700 Sup 2 67.7133 82.7634 80.7750 74.3400 72.3516   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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