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

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RTFX TraderTip >> USD-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 USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 88.7485 Scenario for today Any possible decline should be supported around 89.0863 - 88.9057 zone for rally to above 89.7457. A clear break of 88.6663 will damage this expected rally. Key point 89.1790 Entry point 89.0167 Elliott 91.2760 Closing 89.2670 Projection 88.5497 Trendline 89.2101 Trendline 88.9947 Res 2 89.7457 Ex-High 89.5650 Res 1 89.5063 Pivot 89.3257 Sup 1 89.0863 Ex-Low 89.1450 Sup 2 88.9057 90.5707 90.2362 89.1538 88.8193   Warning: Harami WEEKLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 88.7518 Scenario for this week There is bearish potential for a fall to 88.9685 - 88.1993 while 89.7377 - 90.3300 resist. After this fall a recovery up to 90.3300 or 90.9223 is expected. Key point 87.8540 Entry point 89.5650 Elliott 91.2760 Closing 89.3840 Projection 88.5530 Trendline 89.9720 Trendline 89.9720 Res 2 92.4607 Ex-High 91.2760 Res 1 90.9223 Pivot 89.7377 Sup 1 88.1993 Ex-Low 88.5530 Sup 2 87.0147 90.9061 90.4205 88.8490 88.3634   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 88.2320 Scenario for this month There are initial signs of a good corrective recovery towards 92.0110 or even 92.9670. Supports at 89.6985 and 88.3420 zone. Key point 88.7840 Entry point 91.2760 Elliott 93.7680 Closing 90.2540 Projection 88.2320 Trendline 89.0760 Trendline 92.1210 Res 2 95.6800 Ex-High 93.7680 Res 1 92.9670 Pivot 91.0550 Sup 1 88.3420 Ex-Low 89.1430 Sup 2 86.4300 93.6573 92.5220 88.8480 87.7127   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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