RTFX TraderTip >> XAG-USD Analysis - Monday 08 February 2010

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RTFX TraderTip >> XAG-USD Analysis - 8 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 XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for today It should try higher up to 15.2745 - 15.4810. Entry point 15.0680 or 14.9175. After this rise, a correction is expected. Key point 15.3480 Entry point 14.8383 Elliott 16.9400 Closing 15.1800 Projection 14.8650 Trendline 15.3680 Trendline 14.3230 Res 2 15.7820 Ex-High 15.3690 Res 1 15.4810 Pivot 15.0680 Sup 1 14.7670 Ex-Low 14.6550 Sup 2 14.3540 16.3746 16.1765 15.5355 15.3374   WEEKLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Market should not go lower than 14.9175 - 14.2433. After this move down it should go up to 16.0600 - 16.5283 area. Key point 14.7183 Entry point 15.7080 Elliott 18.8960 Closing 15.1800 Projection 14.1020 Trendline 16.5013 Trendline 16.6200 Res 2 17.8767 Ex-High 16.9400 Res 1 16.5283 Pivot 15.5917 Sup 1 14.2433 Ex-Low 14.6550 Sup 2 13.3067 16.8751 16.3456 14.6319 14.1024   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There is bearish potential for a fall to 15.1773 while 17.0367 - 17.5490 resist. After this fall a recovery up to 17.5490 or 18.0613 is expected. Key point 15.6755 Entry point 17.1425 Elliott 19.4690 Closing 16.2020 Projection 12.4600 Trendline 18.8960 Trendline 18.3230 Res 2 19.9207 Ex-High 18.8960 Res 1 18.0613 Pivot 17.0367 Sup 1 15.1773 Ex-Low 16.0120 Sup 2 14.1527 18.7166 17.9180 15.3335 14.5349   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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