RTFX TraderTip >> EUR-JPY Analysis - Thursday 16 April 2009

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RTFX TraderTip >> EUR-JPY Analysis - 16 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 EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 132.1250 Scenario for today Is expected to fall lower than 129.1767. Entry sell point are at 131.6250 or 132.1933. Stop loss above 132.1933. Key point 132.0400 Entry point 130.9801 Elliott 129.9200 Closing 131.4500 Projection 132.6454 Trendline 131.7998 Trendline 129.2700 Res 2 132.9367 Ex-High 131.8000 Res 1 132.1933 Pivot 131.0567 Sup 1 130.3133 Ex-Low 129.9200 Sup 2 129.1767 133.4523 132.8800 131.0280 130.4557   Warning: End of trend WEEKLY TECHNICAL ANALYSIS EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It looks more likely that it would rise to above 134.7750 or 136.0467 from 131.5500 or 129.5967. After which a downside move to below 127.0533 is expected. Key point 131.2500 Entry point 134.3300 Elliott 137.4100 Closing 132.1400 Projection 126.4100 Trendline 130.9602 Trendline 135.5100 Res 2 139.9533 Ex-High 137.4100 Res 1 136.0467 Pivot 133.5033 Sup 1 129.5967 Ex-Low 130.9600 Sup 2 127.0533 137.5478 135.8700 130.4401 128.7623   MONTHLY TECHNICAL ANALYSIS EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 129.6467 Scenario for this month While below 136.5200 it is more likely to fall further towards 126.4400 or 123.7500. Premature rise above 136.5200 could see it rising above 141.9000 zone. Key point 138.2350 Entry point 130.3801 Elliott 112.0800 Closing 131.1400 Projection 142.7411 Trendline 120.1201 Trendline 130.3400 Res 2 141.9000 Ex-High 134.5100 Res 1 136.5200 Pivot 129.1300 Sup 1 123.7500 Ex-Low 121.7400 Sup 2 116.3600 139.0977 135.9599 125.8051 122.6673   Warning: Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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