RTFX TraderTip >> NZD-JPY Analysis - Friday 30 July 2010

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RTFX TraderTip >> NZD-JPY Analysis - 30 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 NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 62.21 Scenario for today It may meet resistance in 62.82 - 63.01 zone for a drift down to 62.31 zone, after which bounce to 63.52 is anticipated. Key point 62.60 Entry point 62.99 Elliott 64.69 Closing 62.82 Projection 61.38 Trendline 63.84 Trendline 62.87 Res 2 64.22 Ex-High 63.71 Res 1 63.52 Pivot 63.01 Sup 1 62.31 Ex-Low 62.49 Sup 2 61.80 64.32 64.02 63.06 62.76   Warning: Low Zone - Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle up 62.21 Scenario for this week No comment! Key point 64.08 Entry point 62.49 Elliott 60.91 Closing 63.52 Projection 66.40 Trendline 63.76 Trendline 63.21 Res 2 65.57 Ex-High 63.76 Res 1 64.55 Pivot 62.73 Sup 1 61.71 Ex-Low 60.91 Sup 2 59.89 65.00 64.22 61.70 60.92   MONTHLY TECHNICAL ANALYSIS NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 59.45 Scenario for this month Support at 60.22 or 58.53 should hold the downside for a correction to above 63.93 zone. Key point 62.35 Entry point 62.82 Elliott 69.37 Closing 60.54 Projection 58.67 Trendline 65.32 Trendline 61.26 Res 2 67.33 Ex-High 65.32 Res 1 63.93 Pivot 61.92 Sup 1 58.53 Ex-Low 59.91 Sup 2 56.52 66.63 65.00 59.74 58.11   Warning: Low Zone - Imminent end of bearish move - Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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