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

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RTFX TraderTip >> USD-JPY 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 USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 94.3600 Scenario for today It may meet resistance in 94.8100 - 94.9067 zone for a drift down to 94.3333 zone, after which bounce to 95.3833 is anticipated. Key point 94.3687 Entry point 94.8590 Elliott 97.7800 Closing 94.8100 Projection 94.3600 Trendline 95.6201 Trendline 94.4800 Res 2 95.9567 Ex-High 95.4800 Res 1 95.3833 Pivot 94.9067 Sup 1 94.3333 Ex-Low 94.4300 Sup 2 93.8567 96.5647 96.1905 94.9795 94.6053   WEEKLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It looks more likely that it would rise to 96.8833 - 98.9567 from 94.6200 or 93.5833. After which a downside move is expected. Key point 93.5400 Entry point 96.1338 Elliott 97.7800 Closing 94.8100 Projection 91.7400 Trendline 95.0587 Trendline 95.1025 Res 2 98.9567 Ex-High 97.7300 Res 1 96.8833 Pivot 95.6567 Sup 1 93.5833 Ex-Low 94.4300 Sup 2 92.3567 97.4473 96.6825 94.2075 93.4427   Warning: Harami MONTHLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It may attempt a test higher to 95.8000 - 97.1533 after which weakness may set it to a drift down to 91.9133 limit. Key point 96.9800 Entry point 94.3600 Elliott 91.7400 Closing 94.6200 Projection 101.4400 Trendline 96.7667 Trendline 95.5850 Res 2 99.6867 Ex-High 96.9800 Res 1 97.1533 Pivot 94.4467 Sup 1 91.9133 Ex-Low 91.7400 Sup 2 89.2067 98.7180 97.3800 93.0500 91.7120   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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