RTFX TraderTip >> NZD-USD Analysis - Friday 30 July 2010

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RTFX TraderTip >> NZD-USD Analysis - 30 Jul 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 : flat correction down 0.7211 Scenario for today Current fall is near an end of wave around 0.7199 zone, a rally should then procede to above 0.7283. Fall below 0.7159 would cancel this scenario. Key point 0.7233 Entry point 0.7232 Elliott 0.7396 Closing 0.7239 Projection 0.7211 Trendline 0.7271 Trendline 0.7232 Res 2 0.7326 Ex-High 0.7286 Res 1 0.7283 Pivot 0.7243 Sup 1 0.7199 Ex-Low 0.7203 Sup 2 0.7159 0.7351 0.7327 0.7249 0.7225   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 0.7408 Scenario for this week It should trade higher to 0.7364 while 0.7150 or 0.7104 offers support. Stop loss below 0.6936 zone. Key point 0.7376 Entry point 0.7202 Elliott 0.7029 Closing 0.7271 Projection 0.7472 Trendline 0.7290 Trendline 0.7277 Res 2 0.7458 Ex-High 0.7290 Res 1 0.7364 Pivot 0.7197 Sup 1 0.7104 Ex-Low 0.7029 Sup 2 0.6936 0.7413 0.7343 0.7116 0.7046   MONTHLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It is likely to fall towards 0.6560 - 0.6273 unless a corrective rally breaks the 0.7003 resistance. Stop above 0.7146 zone. Key point 0.7016 Entry point 0.6746 Elliott 0.6561 Closing 0.6846 Projection 0.7798 Trendline 0.7200 Trendline 0.6997 Res 2 0.7447 Ex-High 0.7160 Res 1 0.7146 Pivot 0.6860 Sup 1 0.6560 Ex-Low 0.6574 Sup 2 0.6273 0.7462 0.7278 0.6684 0.6500   Warning: Low Zone - Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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