RTFX TraderTip >> USD-JPY Analysis - Monday 16 November 2009

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RTFX TraderTip >> USD-JPY Analysis - 16 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 USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 88.9908 Scenario for today No comment! Key point 89.4000 Entry point 89.9426 Elliott 90.6100 Closing 89.6700 Projection 89.3000 Trendline 90.4201 Trendline 90.2300 Res 2 90.8100 Ex-High 90.4200 Res 1 90.2400 Pivot 89.8500 Sup 1 89.2800 Ex-Low 89.4600 Sup 2 88.8900 90.4523 90.2280 89.5020 89.2777   WEEKLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 89.0875 Scenario for this week There is bearish potential for a fall to 89.4850 - 89.1100 while 89.8600 - 90.1400 resist. After this fall a recovery up to 90.1400 or 90.4200 is expected. Key point 89.3412 Entry point 89.6317 Elliott 92.3200 Closing 89.6700 Projection 88.0100 Trendline 90.2800 Trendline 89.9100 Res 2 91.1700 Ex-High 90.6100 Res 1 90.4200 Pivot 89.8600 Sup 1 89.1100 Ex-Low 89.3000 Sup 2 88.5500 90.6074 90.3038 89.3212 89.0176   Warning: Harami MONTHLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat resistance in downtrend 91.7400 Scenario for this month Market should not go lower than 89.0500 - 87.9600. After this move down it should go up to 91.2050 - 92.2700 area. Key point 90.2500 Entry point 89.8267 Elliott 97.7800 Closing 90.0900 Projection 88.0073 Trendline 90.4225 Trendline 91.2100 Res 2 94.4500 Ex-High 92.3200 Res 1 92.2700 Pivot 90.1400 Sup 1 87.9600 Ex-Low 88.0100 Sup 2 85.8300 92.8084 91.8150 88.6000 87.6066   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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