RTFX TraderTip >> NZD-JPY Analysis - Monday 08 February 2010

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RTFX TraderTip >> NZD-JPY Analysis - 8 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-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an elongated correction 61.9890 Scenario for today It should test 61.6760 area after which a sell off down to 60.5663 or extended to 59.7007 area is expected. Key point 60.7987 Entry point 61.0900 Elliott 64.6890 Closing 61.4320 Projection 60.6642 Trendline 62.2087 Trendline 60.3340 Res 2 63.0007 Ex-High 62.1350 Res 1 62.2163 Pivot 61.3507 Sup 1 60.5663 Ex-Low 60.4850 Sup 2 59.7007 63.8656 63.4119 61.9437 61.4900   Warning: End of trend WEEKLY TECHNICAL ANALYSIS NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Market should not go lower than 60.9585 - 59.7150. After this move down it should go up to 63.0605 - 63.9190 area. Key point 60.2770 Entry point 62.5677 Elliott 68.6780 Closing 61.4320 Projection 59.8900 Trendline 63.8393 Trendline 63.3937 Res 2 66.4060 Ex-High 64.6890 Res 1 63.9190 Pivot 62.2020 Sup 1 59.7150 Ex-Low 60.4850 Sup 2 57.9980 64.5604 63.5861 60.4329 59.4586   MONTHLY TECHNICAL ANALYSIS NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It looks more likely that it would rise to 67.0777 - 70.8373 from 63.0385 or 61.1587. After which a downside move is expected. Key point 60.7000 Entry point 64.6890 Elliott 68.6780 Closing 63.3180 Projection 59.8900 Trendline 63.4293 Trendline 64.1935 Res 2 70.8373 Ex-High 68.6780 Res 1 67.0777 Pivot 64.9183 Sup 1 61.1587 Ex-Low 62.7590 Sup 2 58.9993 68.2475 66.6835 61.6220 60.0580   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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