RTFX TraderTip >> CAD-JPY Analysis - Friday 20 November 2009

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RTFX TraderTip >> CAD-JPY Analysis - 20 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 CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extension wave down 83.1279 Scenario for today One more dip to 83.3300 is likely followed by a grind higher to 84.6200. After which it can resume its downtrend. Key point 83.4350 Entry point 84.0245 Elliott 85.2600 Closing 83.6600 Projection 82.6886 Trendline 84.7702 Trendline 84.2800 Res 2 85.5800 Ex-High 84.7700 Res 1 84.6200 Pivot 83.8100 Sup 1 82.8500 Ex-Low 83.0000 Sup 2 82.0400 85.3422 85.0125 83.9455 83.6158   Warning: End of trend WEEKLY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 82.7034 Scenario for this week No comment! Key point 85.1500 Entry point 85.7500 Elliott 86.3500 Closing 85.3600 Projection 82.0800 Trendline 83.5599 Trendline 85.0400 Res 2 87.8800 Ex-High 86.3500 Res 1 86.6200 Pivot 85.0900 Sup 1 83.8300 Ex-Low 83.5600 Sup 2 82.3000 86.9060 86.0500 83.2799 82.4239   Warning: Low Zone MONTHLY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 86.6299 Scenario for this month While above 82.1850 - 80.1467 zone a corrective dip could test 84.2233 or 87.1267. After which it should resume his downtrend. Key point 82.8400 Entry point 82.2200 Elliott 80.6600 Closing 83.0500 Projection 86.6299 Trendline 81.3200 Trendline 81.9800 Res 2 91.2033 Ex-High 88.3000 Res 1 87.1267 Pivot 84.2233 Sup 1 80.1467 Ex-Low 81.3200 Sup 2 77.2433 89.0631 87.3250 81.7000 79.9619   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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