RTFX TraderTip >> USD-JPY Analysis - Wednesday 08 April 2009

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RTFX TraderTip >> USD-JPY Analysis - 8 Apr 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 : crucial reversal point

Scenario for today

Market should pop up towards 101.0500 or 101.6900 this bullish scenario would be damaged if 100.2663 - 100.2600 zone is broken, a severe break down could then occur. Key point 100.3562 Entry point 100.6432 Elliott 101.4400 Closing 100.4100 Projection 99.3466 Trendline 101.1001 Trendline 100.7600 Res 2 101.6900 Ex-High 101.1000 Res 1 101.0500 Pivot 100.4600 Sup 1 99.8200 Ex-Low 99.8700 Sup 2 99.2300
101.0513
100.7055 http://www.rtfx.com/TrendOscillator....Value9=91.4080 99.5865
99.2407



WEEKLY TECHNICAL ANALYSIS USD-JPY Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle up 99.6800

Scenario for this week

Current rise seems to be over near 100.3200 or 101.7733 for a retracement towards 98.8667 - 98.1150 area. Key point 103.7800 Entry point 99.3733 Elliott 93.5400 Closing 100.2700 Projection 103.4745 Trendline 96.9299 Trendline 97.1700 Res 2 103.2767 Ex-High 100.3700 Res 1 101.7733 Pivot 98.8667 Sup 1 97.3633 Ex-Low 95.9600 Sup 2 94.4567
101.8289
100.9050 http://www.rtfx.com/TrendOscillator....Value9=76.7266 97.9149
96.9910

Warning: High Zone

MONTHLY TECHNICAL ANALYSIS USD-JPY Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 101.6639

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 103.0350 Entry point 98.8033 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
102.0061
100.5600 http://www.rtfx.com/TrendOscillator....Value4=24.3508 95.8800
94.4339

Warning: Imminent end of bullish move




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