RTFX TraderTip >> AUD-JPY Analysis - Thursday 22 April 2010

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RTFX TraderTip >> AUD-JPY Analysis - 22 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 AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 85.94 Scenario for today Preferred view is for a fall to 86.27 - 85.97 while 86.77 - 86.97 area resists. A clear break of 87.57 would be bullish. Key point 86.06 Entry point 86.62 Elliott 87.18 Closing 86.37 Projection 85.94 Trendline 86.69 Trendline 87.30 Res 2 87.57 Ex-High 87.18 Res 1 86.97 Pivot 86.57 Sup 1 85.97 Ex-Low 86.18 Sup 2 85.58 87.05 86.64 85.31 84.90   WEEKLY TECHNICAL ANALYSIS AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in a triangle 87.54 Scenario for this week There is bearish potential for a fall to 84.27 while 85.90 - 86.38 resist. After this fall a recovery up to 86.38 or 86.86 is expected. Key point 86.81 Entry point 87.18 Elliott 87.54 Closing 85.23 Projection 81.72 Trendline 86.43 Trendline 86.43 Res 2 88.50 Ex-High 87.54 Res 1 86.86 Pivot 85.90 Sup 1 84.27 Ex-Low 84.94 Sup 2 83.31 88.26 87.36 84.44 83.54   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat support in correction up 83.71 Scenario for this month Current rise seems to be over near 85.78 or 87.98 for a retracement towards 83.59 - 82.46 area. Key point 88.69 Entry point 84.25 Elliott 76.20 Closing 85.72 Projection 92.40 Trendline 79.20 Trendline 82.19 Res 2 90.23 Ex-High 85.84 Res 1 87.98 Pivot 83.59 Sup 1 81.33 Ex-Low 79.20 Sup 2 76.94 88.27 86.69 81.57 79.99   Warning: Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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