RTFX Tradertip >> NZD-USD Analysis - Wednesday 08 April 2009

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RTFX TraderTip >> NZD-USD 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 NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.5701 Scenario for today It might hold above 0.5748 or 0.5702 for a rise towards above 0.5849. Stop loss below 0.5702 zone. Key point 0.5709 Entry point 0.5770 Elliott 0.5979 Closing 0.5759 Projection 0.5701 Trendline 0.5883 Trendline 0.5787 Res 2 0.5940 Ex-High 0.5883 Res 1 0.5849 Pivot 0.5793 Sup 1 0.5702 Ex-Low 0.5736 Sup 2 0.5646 0.5921 0.5879 0.5743 0.5701   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 0.5736 Scenario for this week Market looks set for gains towards 0.6004 or above in extension. Dips should find support at 0.5766 - 0.5699 zone. Key point 0.5943 Entry point 0.5780 Elliott 0.4895 Closing 0.5870 Projection 0.6363 Trendline 0.5695 Trendline 0.5695 Res 2 0.6137 Ex-High 0.5900 Res 1 0.6004 Pivot 0.5766 Sup 1 0.5633 Ex-Low 0.5529 Sup 2 0.5395 0.6034 0.5939 0.5632 0.5537   Warning: Engulfing pattern 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 0.6163 Entry point 0.5529 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 0.6100 0.5890 0.5212 0.5002   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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