RTFX TraderTip >> EUR-NZD Analysis - Tuesday 13 July 2010

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RTFX TraderTip >> EUR-NZD Analysis - 13 Jul 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 : crucial reversal point 1.7797 Scenario for today Support at 1.7696 or 1.7648 should hold the downside for a correction to above 1.7795 zone. Key point 1.7607 Entry point 1.7702 Elliott 1.8304 Closing 1.7698 Projection 1.7291 Trendline 1.7822 Trendline 1.7707 Res 2 1.7891 Ex-High 1.7841 Res 1 1.7795 Pivot 1.7745 Sup 1 1.7648 Ex-Low 1.7695 Sup 2 1.7598 1.8008 1.7955 1.7785 1.7732   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.7615 Scenario for this week There are initial signs of a good corrective recovery towards 1.8045 or even 1.8133. Supports at 1.7784 and 1.7610 zone. Key point 1.7379 Entry point 1.7841 Elliott 1.8304 Closing 1.7787 Projection 1.7615 Trendline 1.7709 Trendline 1.8270 Res 2 1.8480 Ex-High 1.8304 Res 1 1.8133 Pivot 1.7957 Sup 1 1.7610 Ex-Low 1.7780 Sup 2 1.7434 1.8177 1.8073 1.7738 1.7634   MONTHLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Market should hold major support at 1.7071 before rising towards 1.8313 or even 1.8752 limit. Key point 1.8202 Entry point 1.7695 Elliott 1.7189 Closing 1.7874 Projection 1.8963 Trendline 1.8139 Trendline 1.7629 Res 2 1.8752 Ex-High 1.8190 Res 1 1.8313 Pivot 1.7751 Sup 1 1.7312 Ex-Low 1.7189 Sup 2 1.6749 1.8496 1.8247 1.7442 1.7193   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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