RTFX TraderTip >> EUR-AUD Analysis - Monday 26 October 2009

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RTFX TraderTip >> EUR-AUD Analysis - 26 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 EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 1.6355 Scenario for today Current upmove should be ended around 1.6281 - 1.6314. Any correction consolidation should find support in 1.6222 - 1.6195 zone. Key point 1.6280 Entry point 1.6238 Elliott 1.6082 Closing 1.6261 Projection 1.6303 Trendline 1.6197 Trendline 1.6218 Res 2 1.6367 Ex-High 1.6301 Res 1 1.6314 Pivot 1.6248 Sup 1 1.6195 Ex-Low 1.6182 Sup 2 1.6129 1.6299 1.6264 1.6152 1.6117   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It should trade higher to 1.6349 or above 1.6436 in extention. Supports at 1.6172 and 1.6128. Stop loss below 1.5994 zone. Key point 1.6329 Entry point 1.6206 Elliott 1.6082 Closing 1.6261 Projection 1.6450 Trendline 1.6176 Trendline 1.6209 Res 2 1.6436 Ex-High 1.6303 Res 1 1.6349 Pivot 1.6215 Sup 1 1.6128 Ex-Low 1.6082 Sup 2 1.5994 1.6361 1.6310 1.6144 1.6093   Warning: End of trend MONTHLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There is bearish potential for a fall to 1.6569 - 1.6349 while 1.6790 - 1.6910 resist. After this fall a recovery up to 1.6910 or 1.7030 is expected. Key point 1.6527 Entry point 1.6662 Elliott 2.0391 Closing 1.6588 Projection 1.5147 Trendline 1.6816 Trendline 1.6796 Res 2 1.7471 Ex-High 1.7232 Res 1 1.7030 Pivot 1.6790 Sup 1 1.6349 Ex-Low 1.6551 Sup 2 1.6109 1.7312 1.7077 1.6316 1.6081   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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