RTFX TraderTip >> AUD-JPY Analysis - Tuesday 02 February 2010

[RTFX-Trading]

RTFX TraderTip >> AUD-JPY Analysis - 2 Feb 2010 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 up 81.4485 Scenario for today If market stays below 80.8330 a fall to 79.7617 is expected. If market breaks the point 81.3367 it could reach the sky. Key point 81.4285 Entry point 80.3753 Elliott 79.3220 Closing 80.7690 Projection 81.8120 Trendline 80.7184 Trendline 80.5250 Res 2 81.9043 Ex-High 80.8970 Res 1 81.3367 Pivot 80.3293 Sup 1 79.7617 Ex-Low 79.3220 Sup 2 78.7543 81.6715 81.2504 79.8873 79.4661   WEEKLY TECHNICAL ANALYSIS AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 79.1761 Scenario for this week Support at 79.7650 or 78.9443 should hold the downside for a correction to above 81.4933 zone. Key point 79.5670 Entry point 80.0120 Elliott 86.2120 Closing 79.8520 Projection 78.6220 Trendline 81.8246 Trendline 80.1070 Res 2 83.1347 Ex-High 82.2270 Res 1 81.4933 Pivot 80.5857 Sup 1 78.9443 Ex-Low 79.6780 Sup 2 78.0367 82.1992 81.5620 79.5000 78.8628   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 81.2760 Scenario for this month It looks more likely that it would rise to 84.1500 - 88.4480 from 79.7650 or 77.6160. After which a downside move is expected. Key point 75.5820 Entry point 80.8970 Elliott 86.2120 Closing 79.8520 Projection 76.3400 Trendline 80.0867 Trendline 81.2320 Res 2 88.4480 Ex-High 86.2120 Res 1 84.1500 Pivot 81.9140 Sup 1 77.6160 Ex-Low 79.6780 Sup 2 75.3800 84.8073 83.5545 79.5000 78.2472   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.