RTFX TraderTip >> EUR-JPY Analysis - Thursday 26 November 2009

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RTFX TraderTip >> EUR-JPY Analysis - 26 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 EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 131.3087 Scenario for today Market should hold major support at 131.2268 before rising towards 132.7567 or even 133.3134 limit. Key point 132.1200 Entry point 132.2498 Elliott 133.6200 Closing 132.2000 Projection 131.7500 Trendline 132.6973 Trendline 132.2250 Res 2 133.3134 Ex-High 132.6900 Res 1 132.7567 Pivot 132.1333 Sup 1 131.5767 Ex-Low 131.5100 Sup 2 130.9533 133.3884 133.0170 131.8150 131.4436   WEEKLY TECHNICAL ANALYSIS EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 131.3950 Scenario for this week There is bearish potential for a fall to 132.0250 - 131.2534 while 132.7967 - 133.3200 resist. After this fall a recovery up to 133.3200 or 133.8434 is expected. Key point 132.9000 Entry point 132.8525 Elliott 138.4900 Closing 132.3000 Projection 129.0300 Trendline 133.6500 Trendline 133.3000 Res 2 135.3867 Ex-High 134.3400 Res 1 133.8434 Pivot 132.7967 Sup 1 131.2534 Ex-Low 131.7500 Sup 2 130.2067 134.7061 133.9800 131.6300 130.9039   MONTHLY TECHNICAL ANALYSIS EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 130.4112 Scenario for this month While above 130.8150 - 128.2567 zone a corrective upmove could test 135.5450 or 137.7167. After which it should resume its downtrend. Key point 132.9700 Entry point 135.7300 Elliott 138.4900 Closing 132.6000 Projection 129.0300 Trendline 133.2075 Trendline 133.2075 Res 2 142.8333 Ex-High 138.4900 Res 1 137.7167 Pivot 133.3733 Sup 1 128.2567 Ex-Low 129.0300 Sup 2 123.9133 139.3024 137.1100 130.0150 127.8226   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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