RTFX TraderTip >> EUR-NZD Analysis - Monday 14 June 2010

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RTFX TraderTip >> EUR-NZD Analysis - 14 Jun 2010 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-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an elongated correction 1.7595 Scenario for today Market should not go lower than 1.7387. After this move down it should go up to 1.7700 area. Key point 1.7390 Entry point 1.7577 Elliott 1.8126 Closing 1.7505 Projection 1.7166 Trendline 1.7792 Trendline 1.7634 Res 2 1.7896 Ex-High 1.7795 Res 1 1.7700 Pivot 1.7600 Sup 1 1.7404 Ex-Low 1.7499 Sup 2 1.7304 1.7976 1.7902 1.7659 1.7584   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in a flat correction 1.7746 Scenario for this week Market should not go lower than 1.7502 - 1.7294. After this move down it should go up to 1.7815 - 1.7921 area. Key point 1.7198 Entry point 1.7649 Elliott 1.8872 Closing 1.7505 Projection 1.6443 Trendline 1.7961 Trendline 1.7854 Res 2 1.8337 Ex-High 1.8126 Res 1 1.7921 Pivot 1.7710 Sup 1 1.7294 Ex-Low 1.7499 Sup 2 1.7083 1.8039 1.7894 1.7424 1.7279   MONTHLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It is likely to fall to 1.7346 or below 1.6608 in extension while 1.8109 - 1.8478 area offer resistance. Above 1.8847 the outlook could turn bullish. Key point 1.7629 Entry point 1.8139 Elliott 2.1278 Closing 1.8083 Projection 1.6869 Trendline 1.8688 Trendline 1.8371 Res 2 1.9610 Ex-High 1.8872 Res 1 1.8847 Pivot 1.8109 Sup 1 1.7346 Ex-Low 1.7371 Sup 2 1.6608 1.8870 1.8531 1.7435 1.7096   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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