RTFX TraderTip >> EUR-JPY Analysis - Thursday 30 April 2009

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RTFX TraderTip >> EUR-JPY Analysis - 30 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 : irregular flat correction up 131.1241 Scenario for today Currently uptrend should end around 131.2399 - 130.9000 area. A correction down to below 127.4800 is expected. A rise above 132.1800 will abort the expected correction. Key point 130.9575 Entry point 129.3489 Elliott 124.3800 Closing 129.6200 Projection 132.2758 Trendline 126.6202 Trendline 128.8600 Res 2 132.1800 Ex-High 130.0400 Res 1 130.9000 Pivot 128.7600 Sup 1 127.4800 Ex-Low 126.6200 Sup 2 125.3400 129.7519 128.9930 126.5370 125.7781   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 130.0400 Scenario for this week It should test higher than 130.0733. Entry point are at 127.3350 and 126.5933. A break of 124.5967 is bearish. Key point 127.5150 Entry point 127.5150 Elliott 124.3800 Closing 128.5900 Projection 133.5379 Trendline 129.2125 Trendline 124.7900 Res 2 131.5567 Ex-High 129.5600 Res 1 130.0733 Pivot 128.0767 Sup 1 126.5933 Ex-Low 126.0800 Sup 2 124.5967 131.2121 129.8000 125.2301 123.8180   MONTHLY TECHNICAL ANALYSIS EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle up 123.7911 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 130.0000 Entry point 126.7200 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 139.9460 135.9599 123.0600 119.0739   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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