RTFX TraderTip >> USD-JPY Analysis - Wednesday 09 December 2009

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RTFX TraderTip >> USD-JPY Analysis - 9 Dec 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 : correction zigzag 88.4902 Scenario for today It may meet resistance in 88.9330 - 89.0743 zone for a drift down to 88.6257 zone, after which bounce to 89.3817 is anticipated. Key point 88.7210 Entry point 88.8418 Elliott 90.7650 Closing 88.9330 Projection 88.4902 Trendline 89.5344 Trendline 88.9020 Res 2 89.8303 Ex-High 89.5230 Res 1 89.3817 Pivot 89.0743 Sup 1 88.6257 Ex-Low 88.7670 Sup 2 88.3183 90.0420 89.6506 88.3840 87.9926   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 90.4425 Scenario for this week It should trade higher to 92.2227 while 89.0463 or 88.1870 offers support. Stop loss below 87.3277 zone. Key point 91.6640 Entry point 88.5727 Elliott 84.8100 Closing 90.5040 Projection 92.3200 Trendline 85.8700 Trendline 86.9300 Res 2 93.9413 Ex-High 90.7650 Res 1 92.2227 Pivot 89.0463 Sup 1 87.3277 Ex-Low 85.8700 Sup 2 84.1513 91.5688 90.5655 87.3185 86.3152   MONTHLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Market should not go lower than 85.6090 - 83.7087. After this move down it should go up to 88.8590 - 90.2087 area. Key point 89.9875 Entry point 89.3519 Elliott 97.7800 Closing 86.4080 Projection 84.2746 Trendline 89.8267 Trendline 90.3000 Res 2 94.0093 Ex-High 91.3100 Res 1 90.2087 Pivot 87.5093 Sup 1 83.7087 Ex-Low 84.8100 Sup 2 81.0093 92.7524 91.0375 85.4875 83.7726   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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