RTFX TraderTip >> GBP-JPY Analysis - Friday 12 February 2010

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RTFX TraderTip >> GBP-JPY Analysis - 12 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 GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 141.7780 Scenario for today Difficult to predict the next move. If first down it should hold 140.3045 or 140.0663. If first up it should face resistance in 140.9985 - 141.4543 zone to 140.0663 zone. Key point 141.6310 Entry point 140.5046 Elliott 138.2620 Closing 140.9780 Projection 142.6078 Trendline 139.8668 Trendline 140.0440 Res 2 141.9307 Ex-High 141.0190 Res 1 141.4543 Pivot 140.5427 Sup 1 140.0663 Ex-Low 139.6310 Sup 2 139.1547 141.4668 140.9870 139.4342 138.9544   Warning: Harami WEEKLY TECHNICAL ANALYSIS GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Market should not go lower than 138.9885 - 136.8867. After this move down it should go up to 142.5045 - 143.9187 area. Key point 137.5740 Entry point 141.8927 Elliott 150.7210 Closing 139.7150 Projection 132.2418 Trendline 145.1954 Trendline 143.7207 Res 2 148.1223 Ex-High 145.2940 Res 1 143.9187 Pivot 141.0903 Sup 1 136.8867 Ex-Low 138.2620 Sup 2 134.0583 144.8817 143.3640 138.4523 136.9346   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS GBP-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 148.7660 - 153.2790 from 143.9515 or 141.6950. After which a downside move is expected. Key point 139.8670 Entry point 145.2939 Elliott 150.7210 Closing 144.2530 Projection 132.2418 Trendline 144.3243 Trendline 145.8250 Res 2 153.2790 Ex-High 150.7210 Res 1 148.7660 Pivot 146.2080 Sup 1 141.6950 Ex-Low 143.6500 Sup 2 139.1370 150.1863 148.0074 140.9561 138.7772   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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