RTFX TraderTip >> USD-CAD Analysis - Friday 26 February 2010

[RTFX-Trading]

RTFX TraderTip >> USD-CAD Analysis - 26 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 : impulse wave up 1.0667 Scenario for today While below 1.0644 - 1.0687 it is more likely to fall further towards 1.0521 or 1.0435. Key point 1.0628 Entry point 1.0583 Elliott 1.0371 Closing 1.0608 Projection 1.0729 Trendline 1.0560 Trendline 1.0581 Res 2 1.0766 Ex-High 1.0680 Res 1 1.0687 Pivot 1.0601 Sup 1 1.0521 Ex-Low 1.0515 Sup 2 1.0435 1.0626 1.0589 1.0469 1.0432   WEEKLY TECHNICAL ANALYSIS USD-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.0680 Scenario for this week It should register further gains to 1.0496 while 1.0350 - 1.0297 caps downside attempts. Stop loss below 1.0204 zone. Key point 1.0493 Entry point 1.0493 Elliott 1.0371 Closing 1.0404 Projection 1.0871 Trendline 1.0592 Trendline 1.0411 Res 2 1.0588 Ex-High 1.0534 Res 1 1.0496 Pivot 1.0442 Sup 1 1.0350 Ex-Low 1.0389 Sup 2 1.0297 1.0677 1.0607 1.0380 1.0310   Warning: Imminent end of bearish move 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 1.0516 Entry point 1.0321 Elliott 1.0207 Closing 1.0691 Projection 1.0786 Trendline 1.0486 Trendline 1.0471 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 1.0874 1.0738 1.0298 1.0162   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.