RTFX TraderTip >> GBP-AUD Analysis - Wednesday 11 November 2009

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RTFX TraderTip >> GBP-AUD Analysis - 11 Nov 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 : irregular flat correction down 1.7890 Scenario for today Market should hold major support at 1.7907 before rising towards 1.8065 or even 1.8135 limit. Key point 1.7959 Entry point 1.7980 Elliott 1.8318 Closing 1.7996 Projection 1.7816 Trendline 1.8035 Trendline 1.7981 Res 2 1.8135 Ex-High 1.8065 Res 1 1.8065 Pivot 1.7996 Sup 1 1.7926 Ex-Low 1.7926 Sup 2 1.7857 1.8205 1.8159 1.8012 1.7966   WEEKLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.7879 Scenario for this week There are initial signs of a good corrective recovery towards 1.8233 or even 1.8307. Supports at 1.8053 and 1.7948 zone. Key point 1.7927 Entry point 1.8147 Elliott 1.8367 Closing 1.8098 Projection 1.7879 Trendline 1.7947 Trendline 1.8438 Res 2 1.8517 Ex-High 1.8367 Res 1 1.8307 Pivot 1.8158 Sup 1 1.7948 Ex-Low 1.8008 Sup 2 1.7799 1.8347 1.8257 1.7967 1.7877   MONTHLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should test 1.9232 area after which a sell off down to 1.7581 or extended to 1.6885 area is expected. Key point 1.7713 Entry point 1.7779 Elliott 2.0983 Closing 1.8276 Projection 1.7000 Trendline 1.8378 Trendline 1.7635 Res 2 1.9167 Ex-High 1.8472 Res 1 1.8722 Pivot 1.8026 Sup 1 1.7581 Ex-Low 1.7331 Sup 2 1.6885 1.8665 1.8420 1.7628 1.7383   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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