RTFX TraderTip >> USD-CAD Analysis - Monday 15 February 2010

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RTFX TraderTip >> USD-CAD 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 USD-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.0457 Scenario for today It should be subject to more declines to below 1.0439 while 1.0516 - 1.0528 area cushions a corrective dip. Key point 1.0497 Entry point 1.0522 Elliott 1.0781 Closing 1.0516 Projection 1.0402 Trendline 1.0570 Trendline 1.0514 Res 2 1.0618 Ex-High 1.0579 Res 1 1.0567 Pivot 1.0528 Sup 1 1.0477 Ex-Low 1.0490 Sup 2 1.0439 1.0678 1.0646 1.0541 1.0509   Warning: Harami WEEKLY TECHNICAL ANALYSIS USD-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.0437 Scenario for this week No comment! Key point 1.0404 Entry point 1.0633 Elliott 1.0781 Closing 1.0516 Projection 1.0437 Trendline 1.0775 Trendline 1.0769 Res 2 1.0885 Ex-High 1.0775 Res 1 1.0700 Pivot 1.0590 Sup 1 1.0405 Ex-Low 1.0480 Sup 2 1.0295 1.0750 1.0682 1.0461 1.0393   MONTHLY TECHNICAL ANALYSIS USD-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 1.0786 Scenario for this month It should trade higher to 1.0849 or above 1.1007 in extention. Supports at 1.0458 and 1.0379. Stop loss below 1.0067 zone. Key point 1.0735 Entry point 1.0389 Elliott 1.0207 Closing 1.0691 Projection 1.0786 Trendline 1.0486 Trendline 1.0458 Res 2 1.1007 Ex-High 1.0695 Res 1 1.0849 Pivot 1.0537 Sup 1 1.0379 Ex-Low 1.0225 Sup 2 1.0067 1.0857 1.0738 1.0353 1.0234   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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