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

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RTFX TraderTip >> AUD-USD 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-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.8224 Scenario for today There is bearish potential for a fall to 0.8225 while 0.8352 - 0.8390 resist. After this fall a recovery up to 0.8390 or 0.8428 is expected. Key point 0.8224 Entry point 0.8352 Elliott 0.8479 Closing 0.8301 Projection 0.8180 Trendline 0.8381 Trendline 0.8381 Res 2 0.8555 Ex-High 0.8479 Res 1 0.8428 Pivot 0.8352 Sup 1 0.8225 Ex-Low 0.8276 Sup 2 0.8149 0.8455 0.8409 0.8260 0.8214   Warning: Low Zone - Engulfing pattern WEEKLY TECHNICAL ANALYSIS AUD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.8202 Scenario for this week No comment! Key point 0.8272 Entry point 0.8376 Elliott 0.8479 Closing 0.8301 Projection 0.8180 Trendline 0.8367 Trendline 0.8367 Res 2 0.8619 Ex-High 0.8479 Res 1 0.8460 Pivot 0.8320 Sup 1 0.8161 Ex-Low 0.8180 Sup 2 0.8021 0.8496 0.8427 0.8203 0.8134   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS AUD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Corrective dips should ideally halt near 0.8033 or 0.7923 for one more thrust upwards towards 0.8365 - 0.8586 area or 0.8807 in extention. Fall below 0.7481 puts it back on a downward path. Key point 0.8657 Entry point 0.8224 Elliott 0.6249 Closing 0.8364 Projection 0.9509 Trendline 0.8030 Trendline 0.8030 Res 2 0.8807 Ex-High 0.8366 Res 1 0.8586 Pivot 0.8144 Sup 1 0.7923 Ex-Low 0.7703 Sup 2 0.7481 0.8572 0.8423 0.7941 0.7792   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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