RTFX TraderTip >> XAG-USD Analysis - Monday 17 August 2009

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RTFX TraderTip >> XAG-USD Analysis - 17 Aug 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 : flat correction down 14.5349 Scenario for today It looks more likely that it would rise to 15.0533 - 15.4167 from 14.6450 or 14.4633. After which a downside move is expected. Key point 14.4850 Entry point 14.8375 Elliott 15.1900 Closing 14.6900 Projection 14.5349 Trendline 14.7825 Trendline 14.8350 Res 2 15.4167 Ex-High 15.1900 Res 1 15.0533 Pivot 14.8267 Sup 1 14.4633 Ex-Low 14.6000 Sup 2 14.2367 14.9930 14.8555 14.4105 14.2730   WEEKLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 14.3550 Scenario for this week While below 14.9400 - 15.2100 it is more likely to fall further towards 14.1500 or 13.6100. Key point 14.8367 Entry point 14.6410 Elliott 12.4600 Closing 14.6900 Projection 16.2500 Trendline 14.4038 Trendline 14.6000 Res 2 15.7300 Ex-High 15.1900 Res 1 15.2100 Pivot 14.6700 Sup 1 14.1500 Ex-Low 14.1300 Sup 2 13.6100 15.3182 15.0725 14.2775 14.0318   MONTHLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should try higher up to 14.0250 - 14.5467. Entry point 13.5033 or 13.2000. After this rise, a correction is expected. Key point 15.3400 Entry point 13.9000 Elliott 12.4600 Closing 13.9400 Projection 16.2500 Trendline 14.1100 Trendline 11.9700 Res 2 15.1533 Ex-High 14.1100 Res 1 14.5467 Pivot 13.5033 Sup 1 12.8967 Ex-Low 12.4600 Sup 2 11.8533 15.1042 14.6500 13.1800 12.7258   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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