RTFX TraderTip >> XAG-USD Analysis - Tuesday 09 February 2010

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RTFX TraderTip >> XAG-USD Analysis - 9 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 : extended impulse wave down 14.8650 Scenario for today It might hold above 14.9760 or around 14.9500 for a rise towards above 15.2227. Stop loss below 14.8657 zone. Key point 14.6500 Entry point 14.7639 Elliott 16.9400 Closing 15.0020 Projection 14.8650 Trendline 14.8040 Trendline 14.7530 Res 2 15.4433 Ex-High 15.3070 Res 1 15.2227 Pivot 15.0863 Sup 1 14.8657 Ex-Low 14.9500 Sup 2 14.7293 16.0182 15.8245 15.1973 15.0036   Warning: Harami WEEKLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extension wave down 14.9210 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 14.4097 Entry point 15.4304 Elliott 18.8960 Closing 15.1800 Projection 14.1020 Trendline 16.5013 Trendline 16.2880 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 16.5317 16.1235 14.8025 14.3943   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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