RTFX TraderTip >> GBP-AUD Analysis - Monday 08 February 2010

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RTFX TraderTip >> GBP-AUD Analysis - 8 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 GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.7883 Scenario for today It looks more likely that it would rise to 1.8171 - 1.8318 from 1.8016 or 1.7942. After which a downside move is expected. Key point 1.7978 Entry point 1.8096 Elliott 1.8284 Closing 1.8023 Projection 1.7883 Trendline 1.8028 Trendline 1.8052 Res 2 1.8318 Ex-High 1.8238 Res 1 1.8171 Pivot 1.8090 Sup 1 1.7942 Ex-Low 1.8010 Sup 2 1.7862 1.8232 1.8167 1.7955 1.7890   Warning: Harami WEEKLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.8157 Scenario for this week It looks more likely that it would rise to 1.8243 - 1.8464 from 1.7953 or 1.7843. After which a downside move is expected. Key point 1.8088 Entry point 1.8064 Elliott 1.7260 Closing 1.8023 Projection 1.8311 Trendline 1.8006 Trendline 1.8091 Res 2 1.8464 Ex-High 1.8284 Res 1 1.8243 Pivot 1.8063 Sup 1 1.7843 Ex-Low 1.7883 Sup 2 1.7662 1.8296 1.8203 1.7903 1.7810   MONTHLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Structure suggests that it could fall to 1.7503 while below 1.8102 area. A rise above 1.8383 is bullish. Key point 1.8506 Entry point 1.7883 Elliott 1.7260 Closing 1.8065 Projection 1.8682 Trendline 1.7765 Trendline 1.8025 Res 2 1.8701 Ex-High 1.8139 Res 1 1.8383 Pivot 1.7821 Sup 1 1.7503 Ex-Low 1.7260 Sup 2 1.6942 1.8409 1.8211 1.7571 1.7373   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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