RTFX TraderTip >> GBP-AUD Analysis - Monday 19 October 2009

[RTFX-Trading]

RTFX TraderTip >> GBP-AUD Analysis - 19 Oct 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 GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave up 1.7980 Scenario for today While below 1.7854 - 1.7928 it is more likely to fall further towards 1.7730 or 1.7681. Premature rise above 1.7928 could see it rising above 1.8026 zone. Key point 1.7947 Entry point 1.7843 Elliott 1.7411 Closing 1.7830 Projection 1.7980 Trendline 1.7630 Trendline 1.7849 Res 2 1.8026 Ex-High 1.7877 Res 1 1.7928 Pivot 1.7779 Sup 1 1.7681 Ex-Low 1.7630 Sup 2 1.7532 1.7811 1.7741 1.7514 1.7444   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It should test 1.8282 area after which a sell off down to 1.7482 or extended to 1.7133 area is expected. Key point 1.8056 Entry point 1.7693 Elliott 1.7331 Closing 1.7830 Projection 1.8390 Trendline 1.7905 Trendline 1.7592 Res 2 1.8225 Ex-High 1.7877 Res 1 1.8028 Pivot 1.7679 Sup 1 1.7482 Ex-Low 1.7331 Sup 2 1.7133 1.8049 1.7922 1.7512 1.7385   Warning: End of trend MONTHLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Market should not go lower than 1.7510. After this move down it should go up to 1.9104 area. Key point 1.7635 Entry point 1.8378 Elliott 2.0983 Closing 1.8105 Projection 1.7000 Trendline 1.9399 Trendline 1.8888 Res 2 2.0103 Ex-High 1.9586 Res 1 1.9104 Pivot 1.8587 Sup 1 1.7588 Ex-Low 1.8070 Sup 2 1.7071 1.9440 1.9029 1.7700 1.7289   Warning: End of trend - Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.