RTFX TraderTip >> NZD-USD Analysis - Wednesday 03 February 2010

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RTFX TraderTip >> NZD-USD Analysis - 3 Feb 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 NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 0.7172 Scenario for today Current rise seems to be over near 0.7125 or 0.7152 for a retracement towards 0.7098 - 0.7083 area. Key point 0.7158 Entry point 0.7110 Elliott 0.6995 Closing 0.7122 Projection 0.7226 Trendline 0.7043 Trendline 0.7091 Res 2 0.7183 Ex-High 0.7128 Res 1 0.7152 Pivot 0.7098 Sup 1 0.7067 Ex-Low 0.7043 Sup 2 0.7013 0.7144 0.7119 0.7039 0.7014   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.6973 Scenario for this week Structure is bearish to 0.7016 or 0.6964 limit but slowing momentum suggests a correction first to 0.7093 or 0.7222 zone. Key point 0.6988 Entry point 0.7052 Elliott 0.7442 Closing 0.7016 Projection 0.6973 Trendline 0.7214 Trendline 0.6932 Res 2 0.7222 Ex-High 0.7170 Res 1 0.7119 Pivot 0.7067 Sup 1 0.6964 Ex-Low 0.7016 Sup 2 0.6912 0.7193 0.7149 0.7005 0.6961   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.6973 Scenario for this month While above 0.7016 - 0.6873 zone a corrective dip could test 0.7158 or 0.7300. After which it should resume his downtrend. Key point 0.6814 Entry point 0.7128 Elliott 0.7442 Closing 0.7016 Projection 0.6973 Trendline 0.7016 Trendline 0.7058 Res 2 0.7584 Ex-High 0.7442 Res 1 0.7300 Pivot 0.7158 Sup 1 0.6873 Ex-Low 0.7016 Sup 2 0.6731 0.7372 0.7285 0.7005 0.6918   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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