NZD-USD Analysis - Tuesday 31 March 2009

[RTFX-Trading]

NZD-USD Analysis - 31 Mar 2009
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-USD Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 0.5548

Scenario for today

Prefer a fall to 0.5589 or 0.5541. Then a correction to 0.5663 is anticipated. A clear break of 0.5489 is again bearish. Key point 0.5530 Entry point 0.5631 Elliott 0.5732 Closing 0.5594 Projection 0.5491 Trendline 0.5584 Trendline 0.5585 Res 2 0.5785 Ex-High 0.5732 Res 1 0.5689 Pivot 0.5637 Sup 1 0.5541 Ex-Low 0.5584 Sup 2 0.5489
0.5768
0.5731 http://www.rtfx.com/TrendOscillator....Value9=84.0020 0.5611
0.5574




WEEKLY TECHNICAL ANALYSIS NZD-USD Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 0.5576

Scenario for this week

One move lower to 0.5565 or 0.5433 is anticipated while below 0.5750 - 0.5816 area. Stop loss above 0.5935 zone. Key point 0.5806 Entry point 0.5735 Elliott 0.4895 Closing 0.5698 Projection 0.5787 Trendline 0.5540 Trendline 0.5896 Res 2 0.5935 Ex-High 0.5802 Res 1 0.5816 Pivot 0.5684 Sup 1 0.5565 Ex-Low 0.5551 Sup 2 0.5433
0.5829
0.5767 http://www.rtfx.com/TrendOscillator....Value9=40.6451 0.5567
0.5505




MONTHLY TECHNICAL ANALYSIS NZD-USD Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point

Scenario for this month

Current rise seems to be over near 0.5698 or 0.5966 for a retracement towards 0.5430 - 0.5245 area. Key point 0.5840 Entry point 0.5367 Elliott 0.4895 Closing 0.5594 Projection 0.6163 Trendline 0.5276 Trendline 0.5276 Res 2 0.6337 Ex-High 0.5802 Res 1 0.5966 Pivot 0.5430 Sup 1 0.5059 Ex-Low 0.4895 Sup 2 0.4523
0.6021
0.5811 http://www.rtfx.com/TrendOscillator....wValue2=8.4303 0.5131
0.4921

Warning: Imminent end of bearish move - Engulfing pattern




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