RTFX TraderTip >> XAG-USD Analysis - Monday 30 November 2009

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RTFX TraderTip >> XAG-USD Analysis - 30 Nov 2009 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 XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 17.9901 Scenario for today It should test 18.5600 area after which a sell off down to 17.7667 or extended to 17.2333 area is expected. Key point 18.3775 Entry point 18.4638 Elliott 18.8800 Closing 18.3000 Projection 17.9901 Trendline 18.6600 Trendline 18.4400 Res 2 19.1933 Ex-High 18.6600 Res 1 18.7467 Pivot 18.2133 Sup 1 17.7667 Ex-Low 17.6800 Sup 2 17.2333 18.8849 18.7230 18.1990 18.0371   WEEKLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 17.9547 Scenario for this week It looks more likely that it would rise to 18.9267 from 17.9900 or 17.6767. After which a downside move is expected. Key point 18.4244 Entry point 18.1785 Elliott 16.1100 Closing 18.3000 Projection 19.3298 Trendline 17.9163 Trendline 18.1600 Res 2 19.5533 Ex-High 18.9300 Res 1 18.9267 Pivot 18.3033 Sup 1 17.6767 Ex-Low 17.6800 Sup 2 17.0533 19.0609 18.7712 17.8338 17.5441   Warning: End of trend MONTHLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There are initial signs of a good corrective recovery towards 17.2050 or even 17.6400. Supports at 16.1050 and 15.4400 zone. Key point 17.1850 Entry point 16.9725 Elliott 12.4600 Closing 16.3100 Projection 20.9344 Trendline 16.2133 Trendline 17.1500 Res 2 18.9700 Ex-High 18.1000 Res 1 17.6400 Pivot 16.7700 Sup 1 15.4400 Ex-Low 15.9000 Sup 2 14.5700 19.2705 18.5150 16.0700 15.3145   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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