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

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RTFX TraderTip >> NZD-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 NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.6710 Scenario for today Preferred view is for a fall to 0.6754 - 0.6710 while 0.6826 - 0.6853 area resists. A clear break of 0.6941 would be bullish. Key point 0.6713 Entry point 0.6800 Elliott 0.6887 Closing 0.6764 Projection 0.6710 Trendline 0.6778 Trendline 0.6816 Res 2 0.6941 Ex-High 0.6887 Res 1 0.6853 Pivot 0.6798 Sup 1 0.6710 Ex-Low 0.6744 Sup 2 0.6655 0.6845 0.6807 0.6685 0.6648   Warning: High Zone WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : impulse wave up 0.6852 Scenario for this week While below 0.6825 - 0.6901 it is more likely to fall further towards 0.6614 or 0.6463. Key point 0.6791 Entry point 0.6721 Elliott 0.6196 Closing 0.6764 Projection 0.6988 Trendline 0.6677 Trendline 0.6701 Res 2 0.7037 Ex-High 0.6887 Res 1 0.6901 Pivot 0.6750 Sup 1 0.6614 Ex-Low 0.6600 Sup 2 0.6463 0.6927 0.6861 0.6646 0.6580   Warning: End of trend MONTHLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Corrective dips should ideally halt near 0.6408 or 0.6333 for one more thrust upwards towards 0.6627 - 0.6771 area or 0.6921 in extention. Fall below 0.6045 puts it back on a downward path. Key point 0.6990 Entry point 0.6694 Elliott 0.4895 Closing 0.6620 Projection 0.6947 Trendline 0.6494 Trendline 0.6521 Res 2 0.6921 Ex-High 0.6634 Res 1 0.6771 Pivot 0.6483 Sup 1 0.6333 Ex-Low 0.6196 Sup 2 0.6045 0.6873 0.6760 0.6395 0.6282   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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