EUR-JPY Analysis - Tuesday 31 March 2009

[RTFX-Trading]

EUR-JPY 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 EUR-JPY Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 130.1600

Scenario for today

Current rise seems to be over near 131.5100 or 132.6033 for a retracement towards 130.4167 - 129.6850 area. Key point 132.2250 Entry point 130.6382 Elliott 126.4100 Closing 131.1400 Projection 133.9100 Trendline 128.2301 Trendline 130.0500 Res 2 134.0667 Ex-High 131.8800 Res 1 132.6033 Pivot 130.4167 Sup 1 128.9533 Ex-Low 128.2300 Sup 2 126.7667
133.4251
132.4545 http://www.rtfx.com/TrendOscillator....Value9=60.5174 129.3135
128.3429




WEEKLY TECHNICAL ANALYSIS EUR-JPY Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 126.3467

Scenario for this week

There are initial signs of a good corrective recovery towards 132.2800 or even 133.2533. Supports at 129.7050 and 128.1033 zone. Key point 129.2500 Entry point 131.8800 Elliott 134.5100 Closing 130.0500 Projection 126.3467 Trendline 129.5973 Trendline 133.0000 Res 2 136.4566 Ex-High 134.5100 Res 1 133.2533 Pivot 131.3067 Sup 1 128.1033 Ex-Low 129.3600 Sup 2 126.1567
134.8358
133.1950 http://www.rtfx.com/TrendOscillator....Value9=64.5442 127.8851
126.2443

Warning: End of trend

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

Scenario for this month

While below 136.5200 it is more likely to fall further towards 126.4400 or 123.7500. Premature rise above 136.5200 could see it rising above 141.9000 zone. Key point 135.3513 Entry point 129.0984 Elliott 112.0800 Closing 131.1400 Projection 142.7411 Trendline 120.1201 Trendline 130.3400 Res 2 141.9000 Ex-High 134.5100 Res 1 136.5200 Pivot 129.1300 Sup 1 123.7500 Ex-Low 121.7400 Sup 2 116.3600
137.3806
134.4212 http://www.rtfx.com/TrendOscillator....Value2=20.5616 124.8438
121.8844

Warning: Imminent end of bearish move




Visit all our analysis on
http://www.rtfx.com

Open a real account | Open a demo account






Trading Desk, RTFX Ltd
16th September Square - Mosta, MST 1180 - Malta

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.