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

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RTFX TraderTip >> EUR-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 EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4868 Scenario for today Current move should be supported in 1.4957 - 1.4928 zone for a rise to 1.5024. A break below 1.4890 opens the way down. Key point 1.4932 Entry point 1.4989 Elliott 1.5045 Closing 1.4965 Projection 1.4899 Trendline 1.4985 Trendline 1.4996 Res 2 1.5082 Ex-High 1.5045 Res 1 1.5024 Pivot 1.4986 Sup 1 1.4928 Ex-Low 1.4949 Sup 2 1.4890 1.5029 1.4999 1.4904 1.4874   WEEKLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Market should hold major support at 1.4731 before rising towards 1.5112 or even 1.5194 limit. Key point 1.5090 Entry point 1.4949 Elliott 1.4808 Closing 1.5030 Projection 1.5246 Trendline 1.4956 Trendline 1.4899 Res 2 1.5194 Ex-High 1.5042 Res 1 1.5112 Pivot 1.4960 Sup 1 1.4879 Ex-Low 1.4808 Sup 2 1.4727 1.5094 1.5043 1.4879 1.4828   Warning: End of trend MONTHLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Market should not go lower than 1.5118 - 1.4840. After this move down it should go up to 1.5573 - 1.5749 area. Key point 1.4785 Entry point 1.5207 Elliott 2.0391 Closing 1.5193 Projection 1.3144 Trendline 1.5587 Trendline 1.5946 Res 2 1.6306 Ex-High 1.5953 Res 1 1.5749 Pivot 1.5396 Sup 1 1.4840 Ex-Low 1.5043 Sup 2 1.4487 1.5779 1.5578 1.4926 1.4725   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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