RTFX TraderTip >> NZD-USD Analysis - Friday 05 February 2010

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RTFX TraderTip >> NZD-USD Analysis - 5 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 : extended impulse wave down 0.6803 Scenario for today Current fall is near an end of wave around 0.6803 zone, a rally should then procede to above 0.6985. Fall below 0.6733 would cancel this scenario. Key point 0.6810 Entry point 0.6884 Elliott 0.7151 Closing 0.6873 Projection 0.6803 Trendline 0.7027 Trendline 0.6903 Res 2 0.7097 Ex-High 0.7027 Res 1 0.6985 Pivot 0.6915 Sup 1 0.6803 Ex-Low 0.6845 Sup 2 0.6733 0.7101 0.7064 0.6943 0.6906   Warning: End of trend - Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat resistance in downtrend 0.7152 Scenario for this week It is likely to fall to 0.6964 or below 0.6912 in extension while 0.7067 - 0.7093 area offer resistance. Above 0.7119 the outlook could turn bullish. Key point 0.7054 Entry point 0.7067 Elliott 0.7442 Closing 0.7016 Projection 0.6683 Trendline 0.7214 Trendline 0.7035 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 0.7232 0.7161 0.6930 0.6859   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat resistance in downtrend 0.7152 Scenario for this month Current move should be supported in 0.7016 - 0.6873 zone for a rise to 0.7300. A break below 0.6731 opens the way down. Key point 0.6860 Entry point 0.7151 Elliott 0.7442 Closing 0.7016 Projection 0.6683 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 0.7409 0.7296 0.6930 0.6817   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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