RTFX TraderTip >> GBP-AUD Analysis - Friday 10 December 2010

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RTFX TraderTip >> GBP-AUD Analysis - 10 Dec 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 1.5920 Scenario for today There is bearish potential for a fall to 1.5957 while 1.6057 - 1.6094 resist. After this fall a recovery up to 1.6094 or 1.6131 is expected. Key point 1.5990 Entry point 1.6089 Elliott 1.6169 Closing 1.6030 Projection 1.5963 Trendline 1.6157 Trendline 1.6146 Res 2 1.6231 Ex-High 1.6157 Res 1 1.6131 Pivot 1.6057 Sup 1 1.5957 Ex-Low 1.5984 Sup 2 1.5883 1.6128 1.6081 1.5928 1.5881   WEEKLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.5836 Scenario for this week No comment! Key point 1.6012 Entry point 1.6187 Elliott 1.6427 Closing 1.5895 Projection 1.5836 Trendline 1.6135 Trendline 1.6135 Res 2 1.6488 Ex-High 1.6326 Res 1 1.6191 Pivot 1.6029 Sup 1 1.5732 Ex-Low 1.5866 Sup 2 1.5569 1.6369 1.6247 1.5851 1.5729   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.5768 Scenario for this month It may attempt a test higher to 1.6330 - 1.6494 after which weakness may set it to a drift down to below 1.5904 limit. Key point 1.6005 Entry point 1.6022 Elliott 1.8145 Closing 1.6233 Projection 1.5033 Trendline 1.6089 Trendline 1.6280 Res 2 1.6756 Ex-High 1.6427 Res 1 1.6494 Pivot 1.6165 Sup 1 1.5904 Ex-Low 1.5836 Sup 2 1.5574 1.6543 1.6376 1.5836 1.5669   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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