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

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RTFX TraderTip >> AUD-USD 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 AUD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 0.9075 Scenario for today It looks set for gains to 0.9063. Supports at 0.8955 and 0.8926. A break of 0.8847 will damage this bullish structure. Key point 0.9035 Entry point 0.8970 Elliott 0.8906 Closing 0.9004 Projection 0.9043 Trendline 0.8970 Trendline 0.8970 Res 2 0.9122 Ex-High 0.9043 Res 1 0.9063 Pivot 0.8984 Sup 1 0.8926 Ex-Low 0.8906 Sup 2 0.8847 0.9073 0.9042 0.8943 0.8912   Warning: Low Zone - Engulfing pattern WEEKLY TECHNICAL ANALYSIS AUD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 0.9083 Scenario for this week It should try higher up to 0.8970 - 0.9083. Entry point 0.8858 or 0.8802. After this rise, a correction is expected. Key point 0.9178 Entry point 0.8882 Elliott 0.8317 Closing 0.8970 Projection 0.9214 Trendline 0.8789 Trendline 0.8789 Res 2 0.9196 Ex-High 0.8971 Res 1 0.9083 Pivot 0.8858 Sup 1 0.8745 Ex-Low 0.8633 Sup 2 0.8520 0.9098 0.9020 0.8769 0.8691   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS AUD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Current fall is near an end of wave around 0.8039 zone, a rally should then procede to above 0.8816. Fall below 0.7672 would cancel this scenario. Key point 0.8551 Entry point 0.8266 Elliott 0.8067 Closing 0.8406 Projection 0.9383 Trendline 0.8909 Trendline 0.8443 Res 2 0.9226 Ex-High 0.8859 Res 1 0.8816 Pivot 0.8449 Sup 1 0.8039 Ex-Low 0.8082 Sup 2 0.7672 0.9200 0.8964 0.8199 0.7963   Warning: Low Zone - Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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