RTFX TraderTip >> EUR-AUD Analysis - Tuesday 09 February 2010

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RTFX TraderTip >> EUR-AUD Analysis - 9 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 : zigzag or flat correction 1.5864 Scenario for today It should test 1.5829 area after which a sell off down to 1.5734 or extended to 1.5683 area is expected. Key point 1.5807 Entry point 1.5763 Elliott 1.5719 Closing 1.5785 Projection 1.5809 Trendline 1.5789 Trendline 1.5733 Res 2 1.5857 Ex-High 1.5806 Res 1 1.5821 Pivot 1.5770 Sup 1 1.5734 Ex-Low 1.5719 Sup 2 1.5683 1.5885 1.5849 1.5731 1.5695   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 1.5848 Entry point 1.5734 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 1.5950 1.5880 1.5655 1.5585   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 1.5946 Entry point 1.5587 Elliott 2.0391 Closing 1.5670 Projection 1.5147 Trendline 1.5828 Trendline 1.5642 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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