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

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RTFX TraderTip >> EUR-AUD 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 EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.3301 Scenario for today While above 1.3388 - 1.3349 zone a corrective dip could test 1.3427 or 1.3469. Key point 1.3339 Entry point 1.3422 Elliott 1.3504 Closing 1.3392 Projection 1.3285 Trendline 1.3385 Trendline 1.3401 Res 2 1.3547 Ex-High 1.3504 Res 1 1.3469 Pivot 1.3427 Sup 1 1.3349 Ex-Low 1.3385 Sup 2 1.3307 1.3516 1.3483 1.3377 1.3345   WEEKLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat resistance in downtrend 1.3536 Scenario for this week It may meet resistance in 1.3420 - 1.3455 zone for a drift down to 1.3357 zone, after which bounce to 1.3524 is anticipated. Key point 1.3376 Entry point 1.3428 Elliott 1.3932 Closing 1.3426 Projection 1.3292 Trendline 1.3566 Trendline 1.3345 Res 2 1.3622 Ex-High 1.3553 Res 1 1.3524 Pivot 1.3455 Sup 1 1.3357 Ex-Low 1.3386 Sup 2 1.3288 1.3576 1.3529 1.3377 1.3330   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.3305 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 1.4070 1.3923 1.3446 1.3299   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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