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

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RTFX TraderTip >> EUR-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 EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.3351 Scenario for today It is likely to fall towards 1.3423 - 1.3379 as its corrective rally could falter in 1.3505 - 1.3545 area. Stop above 1.3631 zone. Key point 1.3448 Entry point 1.3512 Elliott 1.3553 Closing 1.3458 Projection 1.3335 Trendline 1.3552 Trendline 1.3550 Res 2 1.3631 Ex-High 1.3552 Res 1 1.3545 Pivot 1.3466 Sup 1 1.3379 Ex-Low 1.3387 Sup 2 1.3300 1.3561 1.3528 1.3422 1.3389   WEEKLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an elongated correction 1.3578 Scenario for this week Market should not go lower than 1.3340. After this move down it should go up to 1.3689 area. Key point 1.3345 Entry point 1.3566 Elliott 1.3932 Closing 1.3516 Projection 1.3292 Trendline 1.3781 Trendline 1.3621 Res 2 1.3861 Ex-High 1.3761 Res 1 1.3689 Pivot 1.3588 Sup 1 1.3415 Ex-Low 1.3488 Sup 2 1.3315 1.3725 1.3657 1.3437 1.3369   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat resistance in downtrend 1.3661 Scenario for this month Market should not go lower than 1.3532 - 1.3310. After this move down it should go up to 1.3870 - 1.3985 area. Key point 1.3098 Entry point 1.3698 Elliott 1.4373 Closing 1.3541 Projection 1.3221 Trendline 1.4198 Trendline 1.4023 Res 2 1.4429 Ex-High 1.4198 Res 1 1.3985 Pivot 1.3754 Sup 1 1.3310 Ex-Low 1.3523 Sup 2 1.3079 1.4068 1.3923 1.3455 1.3310   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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