RTFX TraderTip >> GBP-AUD Analysis - Friday 30 July 2010

[RTFX-Trading]

RTFX TraderTip >> GBP-AUD Analysis - 30 Jul 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 GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.7198 Scenario for today Current move should be supported in 1.7313 - 1.7248 zone for a rise to 1.7601. A break below 1.7157 opens the way down. Key point 1.7330 Entry point 1.7416 Elliott 1.7524 Closing 1.7339 Projection 1.7256 Trendline 1.7358 Trendline 1.7386 Res 2 1.7601 Ex-High 1.7510 Res 1 1.7470 Pivot 1.7379 Sup 1 1.7248 Ex-Low 1.7287 Sup 2 1.7157 1.7467 1.7406 1.7210 1.7149   Warning: Harami WEEKLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.7055 Scenario for this week While above 1.7124 - 1.6927 zone a corrective upmove could test 1.7456 or 1.7590. After which it should resume its downtrend. Key point 1.7332 Entry point 1.7525 Elliott 1.7717 Closing 1.7194 Projection 1.7055 Trendline 1.7381 Trendline 1.7381 Res 2 1.7985 Ex-High 1.7717 Res 1 1.7590 Pivot 1.7322 Sup 1 1.6927 Ex-Low 1.7055 Sup 2 1.6659 1.7791 1.7621 1.7072 1.6902   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS GBP-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle up 1.7009 Scenario for this month Current rise seems to be over near 1.7837 or 1.8200 for a retracement towards 1.7475 - 1.7265 area. Key point 1.7471 Entry point 1.7242 Elliott 1.6222 Closing 1.7781 Projection 1.8284 Trendline 1.6749 Trendline 1.7277 Res 2 1.8619 Ex-High 1.7894 Res 1 1.8200 Pivot 1.7475 Sup 1 1.7056 Ex-Low 1.6749 Sup 2 1.6330 1.8364 1.8019 1.6902 1.6557   Warning: Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September Square Mosta, MST 1180 Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.