RTFX TraderTip >> USD-JPY Analysis - Thursday 14 January 2010

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RTFX TraderTip >> USD-JPY Analysis - 14 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 : common flat resistance in downtrend 91.6210 Scenario for today It should test 91.6620 area after which a sell off down to 91.0020 or extended to 90.6300 area is expected. Key point 91.5180 Entry point 90.9893 Elliott 93.7680 Closing 91.3740 Projection 89.7003 Trendline 91.3988 Trendline 90.8160 Res 2 91.9260 Ex-High 91.5540 Res 1 91.6500 Pivot 91.2780 Sup 1 91.0020 Ex-Low 90.9060 Sup 2 90.6300 92.6966 92.3890 91.3936 91.0860   Warning: Harami WEEKLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 90.3460 Scenario for this week A correction down to 91.3207 or lower is now expected from 93.1895 or 93.8347. A break above 95.0583 is needed to turn bullish. Key point 91.5500 Entry point 92.6590 Elliott 93.7680 Closing 92.6110 Projection 90.3460 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 93.8976 93.2135 90.9995 90.3154   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 95.3250 Entry point 90.2775 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 94.9679 93.4305 88.4550 86.9176   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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