RTFX TraderTip >> GBP-JPY Analysis - Wednesday 13 January 2010

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RTFX TraderTip >> GBP-JPY Analysis - 13 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 GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 146.0070 Scenario for today Market should not go lower than 146.8680 - 146.2740. After this move down it should go up to 147.8560 - 148.2500 area. Key point 146.5310 Entry point 147.3510 Elliott 149.6060 Closing 147.0620 Projection 146.0070 Trendline 148.6492 Trendline 147.6940 Res 2 149.4380 Ex-High 148.6500 Res 1 148.2500 Pivot 147.4620 Sup 1 146.2740 Ex-Low 146.6740 Sup 2 145.4860 149.2824 148.8120 147.2898 146.8194   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 149.8213 Scenario for this week It should try higher up to 149.5780 - 150.7683. Entry point 148.3877 or 147.2210. After this rise, a correction is expected. Key point 147.7274 Entry point 147.3460 Elliott 139.3000 Closing 148.4350 Projection 151.6200 Trendline 147.0342 Trendline 147.1248 Res 2 153.1017 Ex-High 150.7210 Res 1 150.7683 Pivot 148.3877 Sup 1 146.0543 Ex-Low 146.0070 Sup 2 143.6737 151.3449 150.1635 146.3403 145.1589   MONTHLY TECHNICAL ANALYSIS GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 151.1950 Scenario for this month It should trade lower to 145.9845 or 138.7340 in extension while 150.3385 - 153.2350 offer resistance. A break of 156.1500 will damage this bearish view. Key point 150.3650 Entry point 146.0921 Elliott 139.3000 Closing 150.3200 Projection 154.0022 Trendline 147.9630 Trendline 148.9155 Res 2 156.1500 Ex-High 150.3570 Res 1 153.2350 Pivot 147.4420 Sup 1 144.5270 Ex-Low 141.6490 Sup 2 138.7340 152.6125 150.5389 143.8281 141.7545   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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