RTFX TraderTip >> GBP-AUD Analysis - Tuesday 16 March 2010

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RTFX TraderTip >> GBP-AUD Analysis - 16 Mar 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 1.6385 Scenario for today Current move should be supported in 1.6461 - 1.6412 zone for a rise to 1.6568. A break below 1.6354 opens the way down. Key point 1.6414 Entry point 1.6510 Elliott 1.6606 Closing 1.6471 Projection 1.6385 Trendline 1.6479 Trendline 1.6518 Res 2 1.6665 Ex-High 1.6606 Res 1 1.6568 Pivot 1.6509 Sup 1 1.6412 Ex-Low 1.6450 Sup 2 1.6354 1.6567 1.6521 1.6372 1.6326   WEEKLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extension wave down 1.6385 Scenario for this week It should try higher up to 1.6630. Entry point 1.6503 or 1.6416. After this rise, a correction is expected. Key point 1.6338 Entry point 1.6367 Elliott 1.8284 Closing 1.6584 Projection 1.5994 Trendline 1.6502 Trendline 1.6342 Res 2 1.6930 Ex-High 1.6676 Res 1 1.6757 Pivot 1.6503 Sup 1 1.6330 Ex-Low 1.6248 Sup 2 1.6075 1.6731 1.6641 1.6349 1.6259   Warning: End of trend MONTHLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There is bearish potential for a fall to 1.7002 - 1.6575 while 1.7429 - 1.7650 resist. After this fall a recovery up to 1.7650 or 1.7870 is expected. Key point 1.5560 Entry point 1.6922 Elliott 1.8284 Closing 1.7016 Projection 1.5994 Trendline 1.7668 Trendline 1.7668 Res 2 1.8724 Ex-High 1.8284 Res 1 1.7870 Pivot 1.7429 Sup 1 1.6575 Ex-Low 1.6989 Sup 2 1.6135 1.7907 1.7603 1.6619 1.6315   Warning: End of trend - Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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