RTFX TraderTip >> XAG-USD Analysis - Friday 15 January 2010

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RTFX TraderTip >> XAG-USD Analysis - 15 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 XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 18.7874 Scenario for today Currently uptrend should end around 18.8030 - 18.7790 area. A correction down to below 18.4980 is expected. A rise above 18.8920 will abort the expected correction. Key point 18.7961 Entry point 18.6418 Elliott 18.1520 Closing 18.6660 Projection 18.8960 Trendline 18.4025 Trendline 18.6910 Res 2 18.8920 Ex-High 18.7240 Res 1 18.7790 Pivot 18.6110 Sup 1 18.4980 Ex-Low 18.4430 Sup 2 18.3300 18.8780 18.7578 18.3692 18.2490   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 18.1105 Scenario for this week Current rise seems to be over near 18.4880 or 19.0367 for a retracement towards 17.9393 - 17.6585 area. Key point 19.4620 Entry point 17.8695 Elliott 16.7520 Closing 18.4750 Projection 19.4690 Trendline 16.8420 Trendline 16.9320 Res 2 19.5983 Ex-High 18.5010 Res 1 19.0367 Pivot 17.9393 Sup 1 17.3777 Ex-Low 16.8420 Sup 2 16.2803 19.0698 18.6985 17.4970 17.1257   MONTHLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It looks more likely that it would rise to 18.6607 - 20.4233 from 16.8250 or 15.9437. After which a downside move is expected. Key point 17.5723 Entry point 17.5198 Elliott 12.4600 Closing 16.8980 Projection 20.9344 Trendline 17.3032 Trendline 17.6104 Res 2 20.4233 Ex-High 19.4690 Res 1 18.6607 Pivot 17.7063 Sup 1 15.9437 Ex-Low 16.7520 Sup 2 14.9893 19.9196 19.1825 16.7970 16.0599   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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