RTFX TraderTip >> XAG-USD Analysis - Tuesday 26 January 2010

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RTFX TraderTip >> XAG-USD Analysis - 26 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 : crucial reversal point Scenario for today Market should hold major support at 16.9677 before rising towards 17.2723 or even 17.4047 limit. Key point 16.7991 Entry point 16.8308 Elliott 18.8500 Closing 17.1400 Projection 16.8718 Trendline 16.8920 Trendline 16.7300 Res 2 17.4047 Ex-High 17.2600 Res 1 17.2723 Pivot 17.1277 Sup 1 16.9953 Ex-Low 16.9830 Sup 2 16.8507 17.9487 17.7751 17.2132 17.0395   Warning: Harami WEEKLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 16.9085 Scenario for this week Market should not go lower than 16.9765 - 16.3520. After this move down it should go up to 17.9640 - 18.3270 area. Key point 15.6700 Entry point 17.6345 Elliott 18.8960 Closing 17.0780 Projection 16.7520 Trendline 18.8500 Trendline 18.8040 Res 2 19.5760 Ex-High 18.8500 Res 1 18.3270 Pivot 17.6010 Sup 1 16.3520 Ex-Low 16.8750 Sup 2 15.6260 18.4029 18.0550 16.9290 16.5811   Warning: Imminent end of bearish move 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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