USD-JPY Analysis - Tuesday 31 March 2009

[RTFX-Trading]

USD-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 USD-JPY Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 99.9816

Scenario for today

Currently uptrend should end around 99.4962 - 99.8133 area. A correction down to below 97.6733 is expected. A rise above 100.6567 will abort the expected correction. Key point 99.6725 Entry point 98.7612 Elliott 95.9600 Closing 98.9700 Projection 100.6684 Trendline 97.2199 Trendline 98.4800 Res 2 100.6567 Ex-High 99.3600 Res 1 99.8133 Pivot 98.5167 Sup 1 97.6733 Ex-Low 97.2200 Sup 2 96.3767
99.5185
98.9790 http://www.rtfx.com/TrendOscillator....Value9=63.5350 97.2330
96.6935

Warning: Imminent end of bearish move

WEEKLY TECHNICAL ANALYSIS USD-JPY Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 99.6800

Scenario for this week

It should trade lower to 96.0433 or 94.2267 in extension while 97.4567 - 98.3650 offer resistance. A break of 99.2733 will damage this bearish view. Key point 97.1700 Entry point 96.9299 Elliott 93.5400 Closing 97.8600 Projection 99.6800 Trendline 98.6667 Trendline 98.7150 Res 2 100.6867 Ex-High 98.8700 Res 1 99.2733 Pivot 97.4567 Sup 1 96.0433 Ex-Low 95.6400 Sup 2 94.2267
100.1394
99.1150 http://www.rtfx.com/TrendOscillator....Value9=65.4839 95.7999
94.7755

Warning: Harami

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

Scenario for this month

Uptrend is still intact in a triangle configuration. It should continue to rally to 101.2634 or 103.5367 if support around 97.3967 hold. After which a pullback to 97.3967 - 96.2550 zone is possible. Key point 101.8575 Entry point 98.2800 Elliott 87.1100 Closing 98.9700 Projection 101.6639 Trendline 93.0425 Trendline 98.4900 Res 2 103.5367 Ex-High 99.6800 Res 1 101.2533 Pivot 97.3967 Sup 1 95.1133 Ex-Low 93.5400 Sup 2 91.2567
101.5154
100.0925 http://www.rtfx.com/TrendOscillator....Value2=23.0844 95.4875
94.0646

Warning: Imminent end of bearish move




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