RTFX TraderTip >> GBP-JPY Analysis - Wednesday 04 November 2009

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RTFX TraderTip >> GBP-JPY Analysis - 4 Nov 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 GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 149.4771 Scenario for today Market should hold major support at 146.9334 before rising towards 149.2233 or even 149.9967 limit. Key point 149.4150 Entry point 147.8192 Elliott 145.8000 Closing 148.4500 Projection 149.4771 Trendline 147.2569 Trendline 146.9950 Res 2 149.9967 Ex-High 148.5800 Res 1 149.2233 Pivot 147.8067 Sup 1 147.0333 Ex-Low 146.3900 Sup 2 145.6167 150.8735 149.9795 147.0865 146.1925   Warning: Harami WEEKLY TECHNICAL ANALYSIS GBP-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 150.7733 - 153.3067 from 147.9500 or 146.6833. After which a downside move is expected. Key point 146.7750 Entry point 148.8900 Elliott 153.2400 Closing 148.2400 Projection 144.8846 Trendline 149.9263 Trendline 150.8900 Res 2 153.3067 Ex-High 151.7500 Res 1 150.7733 Pivot 149.2167 Sup 1 146.6833 Ex-Low 147.6600 Sup 2 145.1267 151.4555 150.3400 146.7298 145.6142   Warning: Harami MONTHLY TECHNICAL ANALYSIS GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat resistance in downtrend 149.1613 Scenario for this month No comment! Key point 144.6200 Entry point 147.0832 Elliott 163.0900 Closing 148.2400 Projection 136.7004 Trendline 148.3299 Trendline 153.2200 Res 2 160.5867 Ex-High 153.2400 Res 1 154.4133 Pivot 147.0667 Sup 1 140.8933 Ex-Low 139.7200 Sup 2 133.5467 153.6573 151.0849 142.7600 140.1876   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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