RTFX TraderTip >> GBP-JPY Analysis - Monday 08 February 2010

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RTFX TraderTip >> GBP-JPY 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 GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave down 138.4064 Scenario for today It may meet resistance in 139.7150 - 139.8050 zone for a drift down to 138.1720 zone, after which bounce to 141.3480 is anticipated. Key point 139.5800 Entry point 139.5329 Elliott 145.2940 Closing 139.7150 Projection 138.4064 Trendline 142.0235 Trendline 139.5100 Res 2 142.9810 Ex-High 141.4380 Res 1 141.3480 Pivot 139.8050 Sup 1 138.1720 Ex-Low 138.2620 Sup 2 136.6290 144.2260 143.4476 140.9286 140.1502   Warning: End of trend WEEKLY TECHNICAL ANALYSIS GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in a flat correction 142.1552 Scenario for this week Market should not go lower than 138.9885 - 136.8867. After this move down it should go up to 142.5045 - 143.9187 area. Key point 138.8083 Entry point 141.9160 Elliott 150.7210 Closing 139.7150 Projection 132.2418 Trendline 145.1954 Trendline 143.2075 Res 2 148.1223 Ex-High 145.2940 Res 1 143.9187 Pivot 141.0903 Sup 1 136.8867 Ex-Low 138.2620 Sup 2 134.0583 145.0132 143.3835 138.1093 136.4796   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It looks more likely that it would rise to 148.7660 - 153.2790 from 143.9515 or 141.6950. After which a downside move is expected. Key point 139.8670 Entry point 145.2939 Elliott 150.7210 Closing 144.2530 Projection 132.2418 Trendline 144.3243 Trendline 145.8250 Res 2 153.2790 Ex-High 150.7210 Res 1 148.7660 Pivot 146.2080 Sup 1 141.6950 Ex-Low 143.6500 Sup 2 139.1370 150.1863 148.0074 140.9560 138.7771   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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