RTFX TraderTip >> NZD-USD Analysis - Wednesday 16 September 2009

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RTFX TraderTip >> NZD-USD Analysis - 16 Sep 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 : common flat correction up 0.7088 Scenario for today It should trade higher to 0.7082 or above 0.7115 in extention. Supports at 0.7014 and 0.6998. Stop loss below 0.6947 zone. Key point 0.7079 Entry point 0.7024 Elliott 0.6964 Closing 0.7050 Projection 0.7088 Trendline 0.6979 Trendline 0.6994 Res 2 0.7115 Ex-High 0.7063 Res 1 0.7082 Pivot 0.7031 Sup 1 0.6998 Ex-Low 0.6979 Sup 2 0.6947 0.7091 0.7065 0.6980 0.6953   WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : impulse wave up 0.7078 Scenario for this week Currently uptrend should end around 0.7170 - 0.7140 area. A correction down to below 0.6929 is expected. A rise above 0.7219 will abort the expected correction. Key point 0.7103 Entry point 0.7038 Elliott 0.6685 Closing 0.7060 Projection 0.7159 Trendline 0.6877 Trendline 0.7069 Res 2 0.7219 Ex-High 0.7088 Res 1 0.7140 Pivot 0.7008 Sup 1 0.6929 Ex-Low 0.6877 Sup 2 0.6797 0.7123 0.7075 0.6920 0.6872   Warning: Imminent end of bullish move MONTHLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Currently uptrend should end around 0.7056 - 0.6968 area. A correction down to below 0.6664 is expected. A rise above 0.7084 will abort the expected correction. Key point 0.6983 Entry point 0.6930 Elliott 0.4895 Closing 0.6851 Projection 0.8215 Trendline 0.6694 Trendline 0.6990 Res 2 0.7084 Ex-High 0.6897 Res 1 0.6968 Pivot 0.6780 Sup 1 0.6664 Ex-Low 0.6593 Sup 2 0.6476 0.7102 0.6993 0.6639 0.6530   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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