RTFX TraderTip >> EUR-NZD Analysis - Monday 08 February 2010

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RTFX TraderTip >> EUR-NZD 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 EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction up 2.0013 Scenario for today It looks more likely that it would rise to 1.9980 - 2.0076 from 1.9847 or 1.9799. After which a downside move is expected. Key point 1.9929 Entry point 1.9910 Elliott 1.9568 Closing 1.9884 Projection 2.0048 Trendline 1.9901 Trendline 1.9932 Res 2 2.0076 Ex-High 1.9991 Res 1 1.9980 Pivot 1.9895 Sup 1 1.9799 Ex-Low 1.9810 Sup 2 1.9715 1.9972 1.9911 1.9716 1.9656   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 2.0060 Scenario for this week Corrective dips should ideally halt near 1.9726 or 1.9614 for one more thrust upwards towards 1.9972 - 2.0107 area or 2.0330 in extention. Fall below 1.9345 puts it back on a downward path. Key point 1.9954 Entry point 1.9761 Elliott 1.9568 Closing 1.9884 Projection 2.0060 Trendline 1.9823 Trendline 1.9823 Res 2 2.0330 Ex-High 2.0060 Res 1 2.0107 Pivot 1.9837 Sup 1 1.9614 Ex-Low 1.9568 Sup 2 1.9345 2.0148 2.0034 1.9664 1.9550   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should try higher up to 1.9890 - 2.0085. Entry point 1.9695 or 1.9534. After this rise, a correction is expected. Key point 1.9829 Entry point 1.9568 Elliott 1.9306 Closing 1.9762 Projection 2.0525 Trendline 2.0131 Trendline 1.9029 Res 2 2.0408 Ex-High 2.0019 Res 1 2.0085 Pivot 1.9695 Sup 1 1.9372 Ex-Low 1.9306 Sup 2 1.8983 2.0225 2.0039 1.9437 1.9251   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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