RTFX TraderTip >> EUR-NZD Analysis - Thursday 17 June 2010

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RTFX TraderTip >> EUR-NZD Analysis - 17 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 : flat correction down 1.7516 Scenario for today There are initial signs of a good corrective recovery towards 1.7703 or even 1.7735. Supports at 1.7623 and 1.7575 zone. Key point 1.7594 Entry point 1.7680 Elliott 1.7766 Closing 1.7640 Projection 1.7599 Trendline 1.7621 Trendline 1.7661 Res 2 1.7831 Ex-High 1.7766 Res 1 1.7735 Pivot 1.7671 Sup 1 1.7575 Ex-Low 1.7606 Sup 2 1.7511 1.7773 1.7721 1.7551 1.7498   WEEKLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.7481 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 1.7523 Entry point 1.7714 Elliott 1.8872 Closing 1.7505 Projection 1.7371 Trendline 1.7961 Trendline 1.8001 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 1.8084 1.7946 1.7498 1.7360   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 1.7433 1.7094   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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