RTFX TraderTip >> AUD-JPY Analysis - Thursday 04 February 2010

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RTFX TraderTip >> AUD-JPY Analysis - 4 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 : zigzag or flat correction 80.8608 Scenario for today Difficult to predict the next move. If first down it should hold 80.0445 or 79.8343. If first up it should face resistance in 80.5060 - 80.7573 zone to 79.8343 zone. Key point 80.4605 Entry point 80.1315 Elliott 79.3220 Closing 80.3370 Projection 80.8608 Trendline 79.7795 Trendline 80.0020 Res 2 81.1777 Ex-High 80.6750 Res 1 80.7573 Pivot 80.2547 Sup 1 79.8343 Ex-Low 79.7520 Sup 2 79.3317 81.2951 80.9119 79.6721 79.2889   Warning: Harami 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 80.0750 Entry point 80.1814 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 82.3654 81.6890 79.5000 78.8236   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 76.0900 Entry point 81.1510 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 84.9736 83.6815 79.5000 78.2079   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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