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

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RTFX TraderTip >> NZD-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 NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an elongated correction 0.6918 Scenario for today Market should hold major support at 0.6769 before rising towards 0.6934 or even 0.6996 limit. Key point 0.6874 Entry point 0.6841 Elliott 0.7151 Closing 0.6873 Projection 0.6803 Trendline 0.6895 Trendline 0.6840 Res 2 0.6996 Ex-High 0.6933 Res 1 0.6934 Pivot 0.6871 Sup 1 0.6810 Ex-Low 0.6809 Sup 2 0.6747 0.7066 0.7029 0.6909 0.6872   Warning: End of trend WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat resistance in downtrend 0.6973 Scenario for this week Market should not go lower than 0.6841 - 0.6737. After this move down it should go up to 0.7012 - 0.7079 area. Key point 0.6837 Entry point 0.6958 Elliott 0.7442 Closing 0.6873 Projection 0.6683 Trendline 0.7067 Trendline 0.7054 Res 2 0.7286 Ex-High 0.7151 Res 1 0.7079 Pivot 0.6944 Sup 1 0.6737 Ex-Low 0.6809 Sup 2 0.6602 0.7134 0.7055 0.6798 0.6719   Warning: End of trend MONTHLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 0.6794 Scenario for this month Current move should be supported in 0.7016 - 0.6873 zone for a rise to 0.7300. A break below 0.6731 opens the way down. Key point 0.6860 Entry point 0.7151 Elliott 0.7442 Closing 0.7016 Projection 0.6683 Trendline 0.7016 Trendline 0.7058 Res 2 0.7584 Ex-High 0.7442 Res 1 0.7300 Pivot 0.7158 Sup 1 0.6873 Ex-Low 0.7016 Sup 2 0.6731 0.7415 0.7296 0.6912 0.6793   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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