RTFX TraderTip >> AUD-USD Analysis - Tuesday 29 June 2010

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RTFX TraderTip >> AUD-USD Analysis - 29 Jun 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-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.8665 Scenario for today There are initial signs of a good corrective recovery towards 0.8749 or even 0.8763. Supports at 0.8714 and 0.8694 zone. Key point 0.8701 Entry point 0.8739 Elliott 0.8777 Closing 0.8722 Projection 0.8665 Trendline 0.8707 Trendline 0.8819 Res 2 0.8804 Ex-High 0.8777 Res 1 0.8763 Pivot 0.8735 Sup 1 0.8694 Ex-Low 0.8707 Sup 2 0.8666 0.8797 0.8765 0.8662 0.8630   WEEKLY TECHNICAL ANALYSIS AUD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week While below 0.8805 - 0.8875 it is more likely to fall further towards 0.8673 or 0.8611. Premature rise above 0.8875 could see it rising above 0.8999 zone. Key point 0.8916 Entry point 0.8768 Elliott 0.8067 Closing 0.8751 Projection 0.8880 Trendline 0.8672 Trendline 0.8852 Res 2 0.8999 Ex-High 0.8859 Res 1 0.8875 Pivot 0.8735 Sup 1 0.8611 Ex-Low 0.8596 Sup 2 0.8472 0.8870 0.8818 0.8651 0.8599   MONTHLY TECHNICAL ANALYSIS AUD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 0.8081 Scenario for this month One more dip to 0.8263 is likely followed by a grind higher to 0.9134. After which it can resume its downtrend. Key point 0.8597 Entry point 0.8909 Elliott 0.9383 Closing 0.8459 Projection 0.8081 Trendline 0.9275 Trendline 0.9168 Res 2 0.9808 Ex-High 0.9275 Res 1 0.9134 Pivot 0.8600 Sup 1 0.7926 Ex-Low 0.8067 Sup 2 0.7392 0.9374 0.9067 0.8075 0.7768   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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