RTFX TraderTip >> CAD-JPY Analysis - Monday 14 December 2009

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RTFX TraderTip >> CAD-JPY Analysis - 14 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 CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 83.4183 Scenario for today Preferred view is for a fall to 83.9455 - 83.5247 while 84.6225 - 84.8787 area resists. A clear break of 85.7203 would be bullish. Key point 83.5430 Entry point 84.3757 Elliott 85.2080 Closing 84.0370 Projection 83.4183 Trendline 83.9881 Trendline 84.7030 Res 2 85.7203 Ex-High 85.2080 Res 1 84.8787 Pivot 84.3663 Sup 1 83.5247 Ex-Low 83.8540 Sup 2 83.0123 84.9087 84.4881 83.1269 82.7063   WEEKLY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 83.1400 Scenario for this week While below 84.7910 - 85.6173 it is more likely to fall further towards 82.3843 or 80.7317. Key point 84.3283 Entry point 83.7171 Elliott 79.9300 Closing 84.0370 Projection 86.3500 Trendline 82.6914 Trendline 83.5030 Res 2 87.1977 Ex-High 85.5450 Res 1 85.6173 Pivot 83.9647 Sup 1 82.3843 Ex-Low 82.3120 Sup 2 80.7317 85.9444 85.1951 82.7703 82.0210   Warning: Harami MONTHLY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 81.2177 Scenario for this month There is bearish potential for a fall to 79.0433 while 82.6967 - 84.0800 resist. After this fall a recovery up to 84.0800 or 85.4633 is expected. Key point 85.2880 Entry point 84.9767 Elliott 88.3000 Closing 81.8100 Projection 80.6600 Trendline 86.3500 Trendline 84.4000 Res 2 89.1167 Ex-High 86.3500 Res 1 85.4633 Pivot 82.6967 Sup 1 79.0433 Ex-Low 79.9300 Sup 2 76.2767 87.7253 86.0845 80.7745 79.1337   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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