RTFX TraderTip >> NZD-JPY Analysis - Monday 30 November 2009

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RTFX TraderTip >> NZD-JPY 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 NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an impulse wave down 62.2911 Scenario for today It should try higher up to 61.7450 - 62.3633. Entry point 61.1267 or 60.6650. After this rise, a correction is expected. Key point 61.1500 Entry point 61.4755 Elliott 66.8700 Closing 61.4400 Projection 60.5421 Trendline 62.5781 Trendline 60.7300 Res 2 63.2867 Ex-High 62.0500 Res 1 62.3633 Pivot 61.1267 Sup 1 60.2033 Ex-Low 59.8900 Sup 2 58.9667 64.1116 63.6160 62.0120 61.5164   WEEKLY TECHNICAL ANALYSIS NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extension wave down 59.8965 Scenario for this week One more dip to 60.6650 - 59.0600 is likely followed by a grind higher to 63.4600 - 64.6500. After which it can resume its downtrend. Key point 60.1950 Entry point 63.1818 Elliott 67.0900 Closing 61.4400 Projection 58.4143 Trendline 65.7176 Trendline 64.6750 Res 2 67.8600 Ex-High 65.4800 Res 1 64.6500 Pivot 62.2700 Sup 1 59.0600 Ex-Low 59.8900 Sup 2 56.6800 65.4543 64.1588 59.9662 58.6707   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 59.8226 Scenario for this month It looks more likely that it would rise to 68.6033 - 72.5267 from 63.8750 or 61.9133. After which a downside move is expected. Key point 64.4200 Entry point 67.0899 Elliott 69.7600 Closing 64.6800 Projection 56.7513 Trendline 64.2267 Trendline 65.1267 Res 2 72.5267 Ex-High 69.7600 Res 1 68.6033 Pivot 65.8367 Sup 1 61.9133 Ex-Low 63.0700 Sup 2 59.1467 70.5710 68.4250 61.4800 59.3340   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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