RTFX TraderTip >> EUR-AUD Analysis - Monday 08 February 2010

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RTFX TraderTip >> EUR-AUD Analysis - 8 Feb 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 : irregular flat correction down 1.5658 Scenario for today While above 1.5750 - 1.5706 zone a corrective dip could test 1.5794 or 1.5845. After which it should resume his downtrend. Key point 1.5702 Entry point 1.5778 Elliott 1.5953 Closing 1.5757 Projection 1.5714 Trendline 1.5743 Trendline 1.5772 Res 2 1.5932 Ex-High 1.5881 Res 1 1.5845 Pivot 1.5794 Sup 1 1.5706 Ex-Low 1.5743 Sup 2 1.5656 1.5907 1.5857 1.5698 1.5648   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 1.5869 Scenario for this week It looks more likely that it would rise to 1.5943 from 1.5674 or 1.5581. After which a downside move is expected. Key point 1.5751 Entry point 1.5699 Elliott 1.5419 Closing 1.5757 Projection 1.5975 Trendline 1.5608 Trendline 1.5684 Res 2 1.6129 Ex-High 1.5953 Res 1 1.5943 Pivot 1.5767 Sup 1 1.5581 Ex-Low 1.5591 Sup 2 1.5405 1.5984 1.5900 1.5629 1.5545   MONTHLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.5530 Scenario for this month It should try higher up to 1.5815 - 1.5947. Entry point 1.5683 or 1.5545. After this rise, a correction is expected. Key point 1.5711 Entry point 1.5587 Elliott 2.0391 Closing 1.5670 Projection 1.5147 Trendline 1.5828 Trendline 1.5640 Res 2 1.6224 Ex-High 1.5960 Res 1 1.5947 Pivot 1.5683 Sup 1 1.5406 Ex-Low 1.5419 Sup 2 1.5142 1.6097 1.5957 1.5505 1.5365   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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