RTFX TraderTip >> USD-JPY Analysis - Monday 11 January 2010

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RTFX TraderTip >> USD-JPY Analysis - 11 Jan 2010 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 : flat correction down 91.8825 Scenario for today While below 93.1895 - 93.4887 it might drop to 92.0127 or 91.4143. Key point 92.1920 Entry point 92.9802 Elliott 93.7680 Closing 92.6110 Projection 92.2143 Trendline 92.5193 Trendline 92.6760 Res 2 94.3663 Ex-High 93.7680 Res 1 93.4887 Pivot 92.8903 Sup 1 92.0127 Ex-Low 92.2920 Sup 2 91.4143 93.4594 93.0878 91.8852 91.5136   Warning: End of trend WEEKLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 93.5845 Scenario for this week Currently uptrend should end around 93.1895 - 93.8347 area. A correction down to below 91.3207 is expected. A rise above 95.0583 will abort the expected correction. Key point 92.7110 Entry point 91.9825 Elliott 91.2540 Closing 92.6110 Projection 93.7680 Trendline 92.3822 Trendline 92.3822 Res 2 95.0583 Ex-High 93.7680 Res 1 93.8347 Pivot 92.5443 Sup 1 91.3207 Ex-Low 91.2540 Sup 2 90.0303 94.0863 93.5037 91.6182 91.0356   Warning: End of trend - Engulfing pattern MONTHLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should trade higher to 95.4023 while 90.7837 or 89.6290 offers support. Stop loss below 88.4743 zone. Key point 96.3430 Entry point 90.6592 Elliott 84.8100 Closing 93.0930 Projection 97.7800 Trendline 86.1650 Trendline 87.5200 Res 2 97.7117 Ex-High 93.0930 Res 1 95.4023 Pivot 90.7837 Sup 1 88.4743 Ex-Low 86.1650 Sup 2 83.8557 94.8893 93.4305 88.7095 87.2507   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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