RTFX TraderTip >> XAG-USD Analysis - Thursday 18 June 2009

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RTFX TraderTip >> XAG-USD Analysis - 18 Jun 2009 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 : crucial reversal point Scenario for today It should trade higher to 14.4833 while 14.2167 or 14.1400 offers support. Stop loss below 14.0633 zone. Key point 14.5000 Entry point 14.2250 Elliott 13.9500 Closing 14.3300 Projection 14.5536 Trendline 14.1113 Trendline 14.0100 Res 2 14.6367 Ex-High 14.3700 Res 1 14.4833 Pivot 14.2167 Sup 1 14.0633 Ex-Low 13.9500 Sup 2 13.7967 14.8616 14.7090 14.2150 14.0624   WEEKLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Market should not go lower than 14.7900 - 14.5433. After this move down it should go up to 15.1850 - 15.3333 area. Key point 14.2100 Entry point 14.6750 Elliott 16.2500 Closing 14.8400 Projection 13.6400 Trendline 15.5300 Trendline 14.8100 Res 2 15.8267 Ex-High 15.5300 Res 1 15.3333 Pivot 15.0367 Sup 1 14.5433 Ex-Low 14.7400 Sup 2 14.2467 15.4642 15.2000 14.3450 14.0808   MONTHLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat support in correction up 13.9250 Scenario for this month If market stays below 15.6850 a fall to 13.8650 is expected. If market breaks the point 16.8967 it could reach the sky. Key point 15.8500 Entry point 13.5950 Elliott 11.8100 Closing 15.6800 Projection 16.3728 Trendline 12.0500 Trendline 12.2900 Res 2 18.1133 Ex-High 15.6900 Res 1 16.8967 Pivot 14.4733 Sup 1 13.2567 Ex-Low 12.0500 Sup 2 10.8333 16.8877 15.9700 13.0000 12.0823   Warning: Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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