RTFX TraderTip >> GBP-JPY Analysis - Monday 15 February 2010

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RTFX TraderTip >> GBP-JPY Analysis - 15 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 Currently uptrend should end around 141.4635 - 142.0157 area. A correction down to below 139.9127 is expected. A rise above 143.0143 will abort the expected correction. Key point 141.1755 Entry point 140.4635 Elliott 138.2620 Closing 141.0170 Projection 142.6078 Trendline 140.0103 Trendline 140.1410 Res 2 143.0143 Ex-High 141.9100 Res 1 142.0157 Pivot 140.9113 Sup 1 139.9127 Ex-Low 139.8070 Sup 2 138.8083 141.9755 141.4240 139.6391 139.0875   WEEKLY TECHNICAL ANALYSIS GBP-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 140.1337 Scenario for this week It should test 142.4980 area after which a sell off down to 139.1367 or extended to 137.2563 area is expected. Key point 141.7575 Entry point 140.3971 Elliott 150.7210 Closing 141.0170 Projection 139.3000 Trendline 142.1782 Trendline 138.5260 Res 2 143.7903 Ex-High 141.9100 Res 1 142.4037 Pivot 140.5233 Sup 1 139.1367 Ex-Low 138.6430 Sup 2 137.2563 142.6291 141.8719 139.4214 138.6642   Warning: Harami 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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