RTFX TraderTip >> NZD-JPY Analysis - Tuesday 09 February 2010

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RTFX TraderTip >> NZD-JPY 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 NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave down 60.6642 Scenario for today While below 61.4645 - 61.6450 it might drop to 60.6040 or 60.2430. Key point 60.7704 Entry point 60.8210 Elliott 64.6890 Closing 60.9650 Projection 60.6642 Trendline 61.1697 Trendline 61.7930 Res 2 62.3250 Ex-High 61.9640 Res 1 61.6450 Pivot 61.2840 Sup 1 60.6040 Ex-Low 60.9230 Sup 2 60.2430 63.2512 62.7898 61.2967 60.8354   Warning: Harami WEEKLY TECHNICAL ANALYSIS NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in a flat correction 62.0870 Scenario for this week Market should not go lower than 60.9585 - 59.7150. After this move down it should go up to 63.0605 - 63.9190 area. Key point 59.2390 Entry point 62.2563 Elliott 68.6780 Closing 61.4320 Projection 59.8900 Trendline 63.8393 Trendline 63.3937 Res 2 66.4060 Ex-High 64.6890 Res 1 63.9190 Pivot 62.2020 Sup 1 59.7150 Ex-Low 60.4850 Sup 2 57.9980 64.1370 63.3266 60.7040 59.8936   MONTHLY TECHNICAL ANALYSIS NZD-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 67.0777 - 70.8373 from 63.0385 or 61.1587. After which a downside move is expected. Key point 60.7000 Entry point 64.6890 Elliott 68.6780 Closing 63.3180 Projection 59.8900 Trendline 63.4293 Trendline 64.1935 Res 2 70.8373 Ex-High 68.6780 Res 1 67.0777 Pivot 64.9183 Sup 1 61.1587 Ex-Low 62.7590 Sup 2 58.9993 68.2475 66.6835 61.6220 60.0580   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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