RTFX TraderTip >> AUD-JPY Analysis - Wednesday 15 December 2010

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RTFX TraderTip >> AUD-JPY Analysis - 15 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 AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave up 84.12 Scenario for today Uptrend is still intact in a triangle configuration. It should continue to rally to 83.92 or 83.88 if support around 83.38 hold. After which a pullback to 83.38 - 83.23 zone is possible. Key point 83.88 Entry point 83.42 Elliott 81.42 Closing 83.58 Projection 84.12 Trendline 83.00 Trendline 83.21 Res 2 84.19 Ex-High 83.69 Res 1 83.88 Pivot 83.38 Sup 1 83.08 Ex-Low 82.88 Sup 2 82.58 83.49 83.29 82.65 82.45   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 83.77 Scenario for this week Uptrend is still intact. It should continue to rally to 82.77 or 83.22 if supports at 82.32 area hold. Then we anticipate a pullback to 82.32 - 82.06 zone. Key point 84.01 Entry point 83.13 Elliott 79.75 Closing 82.70 Projection 85.01 Trendline 81.42 Trendline 83.08 Res 2 83.73 Ex-High 82.83 Res 1 83.22 Pivot 82.32 Sup 1 81.80 Ex-Low 81.42 Sup 2 80.90 83.65 83.26 82.00 81.61   Warning: Low Zone MONTHLY TECHNICAL ANALYSIS AUD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 84.02 Scenario for this month There are initial signs of a good corrective recovery towards 81.62 or even 82.45. Supports at 79.68 and 78.57 zone. Key point 81.36 Entry point 80.51 Elliott 71.89 Closing 80.24 Projection 88.06 Trendline 79.78 Trendline 81.21 Res 2 84.67 Ex-High 83.00 Res 1 82.45 Pivot 80.79 Sup 1 78.57 Ex-Low 79.12 Sup 2 76.90 84.56 83.35 79.44 78.23   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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