RTFX TraderTip >> USD-JPY Analysis - Monday 21 December 2009

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RTFX TraderTip >> USD-JPY Analysis - 21 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 : common flat correction up 90.9160 Scenario for today It should try higher up to 90.6275 - 91.1913. Entry point 90.0637 or 89.6375. After this rise, a correction is expected. Key point 90.7520 Entry point 89.8440 Elliott 88.9360 Closing 90.3390 Projection 90.9160 Trendline 89.9465 Trendline 89.9465 Res 2 92.0437 Ex-High 90.9160 Res 1 91.1913 Pivot 90.0637 Sup 1 89.2113 Ex-Low 88.9360 Sup 2 88.0837 90.7646 90.4100 89.2626 88.9080   Warning: High Zone - Engulfing pattern WEEKLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 91.2235 Scenario for this week Corrective dips should ideally halt near 89.3355 or 88.8087 for one more thrust upwards towards 90.6275 - 91.3927 area or 92.4463 in extention. Fall below 87.2783 puts it back on a downward path. Key point 91.0540 Entry point 90.0631 Elliott 84.8100 Closing 90.3390 Projection 92.3200 Trendline 88.8620 Trendline 89.5630 Res 2 92.4463 Ex-High 90.9160 Res 1 91.3927 Pivot 89.8623 Sup 1 88.8087 Ex-Low 88.3320 Sup 2 87.2783 91.5493 90.9505 89.0125 88.4137   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 90.2140 Entry point 89.4463 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 92.8513 91.1130 85.4875 83.7492   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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