RTFX TraderTip >> NZD-USD Analysis - Friday 10 April 2009

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RTFX TraderTip >> NZD-USD Analysis - 10 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 : zigzag or flat correction 0.5869 Scenario for today Currently uptrend should end around 0.5853 - 0.5862 area. A correction down to below 0.5786 is expected. A rise above 0.5891 will abort the expected correction. Key point 0.5874 Entry point 0.5841 Elliott 0.5691 Closing 0.5832 Projection 0.5869 Trendline 0.5769 Trendline 0.5847 Res 2 0.5891 Ex-High 0.5845 Res 1 0.5862 Pivot 0.5815 Sup 1 0.5786 Ex-Low 0.5769 Sup 2 0.5739 0.5903 0.5872 0.5771 0.5740   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle up 0.5670 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 0.5885 Entry point 0.5753 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 0.6041 0.5939 0.5610 0.5508   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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