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

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RTFX TraderTip >> EUR-NZD 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 EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle up 1.7933 Scenario for today Current upmove should be ended around 1.8093 - 1.8176. Any correction consolidation should find support in 1.7957 - 1.7903 zone. Key point 1.8158 Entry point 1.7983 Elliott 1.7618 Closing 1.8069 Projection 1.8442 Trendline 1.7821 Trendline 1.7971 Res 2 1.8283 Ex-High 1.8117 Res 1 1.8176 Pivot 1.8010 Sup 1 1.7903 Ex-Low 1.7844 Sup 2 1.7737 1.8000 1.7945 1.7768 1.7713   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.8199 Scenario for this week While above 1.7690 - 1.7440 zone a corrective dip could test 1.7941 or 1.8263. Key point 1.7637 Entry point 1.7636 Elliott 1.7584 Closing 1.7762 Projection 1.8304 Trendline 1.7619 Trendline 1.7653 Res 2 1.8764 Ex-High 1.8442 Res 1 1.8263 Pivot 1.7941 Sup 1 1.7440 Ex-Low 1.7618 Sup 2 1.7117 1.8483 1.8279 1.7619 1.7415   Warning: End of trend 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 1.7979 Entry point 1.7584 Elliott 1.7189 Closing 1.7874 Projection 1.8963 Trendline 1.8139 Trendline 1.7508 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 1.8603 1.8316 1.7386 1.7099   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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