RTFX TraderTip >> GBP-AUD Analysis - Friday 02 April 2010

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RTFX TraderTip >> GBP-AUD Analysis - 2 Apr 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 : elongated flat correction up 1.6702 Scenario for today Current rise should end around 1.6614 or 1.6637. Objectives of this downmove are 1.6556 or 1.6510. A rise above 1.6672 is again bullish. Key point 1.6681 Entry point 1.6648 Elliott 1.6309 Closing 1.6602 Projection 1.6702 Trendline 1.6542 Trendline 1.6707 Res 2 1.6672 Ex-High 1.6626 Res 1 1.6637 Pivot 1.6591 Sup 1 1.6556 Ex-Low 1.6545 Sup 2 1.6510 1.6615 1.6571 1.6429 1.6385   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle 1.6248 Scenario for this week Market should hold major support at 1.6320 before rising towards 1.6584 or even 1.6687 limit. Key point 1.6338 Entry point 1.6310 Elliott 1.6248 Closing 1.6480 Projection 1.7026 Trendline 1.6363 Trendline 1.6400 Res 2 1.6687 Ex-High 1.6536 Res 1 1.6584 Pivot 1.6432 Sup 1 1.6329 Ex-Low 1.6280 Sup 2 1.6177 1.6669 1.6581 1.6295 1.6207   MONTHLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an impulse wave down 1.6627 Scenario for this month Structure is bearish to 1.6401 or 1.6228 limit but slowing momentum suggests a correction first to 1.6738 or 1.7248 zone. Key point 1.5797 Entry point 1.6019 Elliott 1.8284 Closing 1.6554 Projection 1.5994 Trendline 1.6922 Trendline 1.5560 Res 2 1.7248 Ex-High 1.6922 Res 1 1.6901 Pivot 1.6575 Sup 1 1.6228 Ex-Low 1.6248 Sup 2 1.5901 1.6890 1.6774 1.6397 1.6281   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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