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

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RTFX TraderTip >> USD-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 USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 98.1662 Scenario for today Current rise seems to be over near 97.7900 or 98.2600 for a retracement towards 97.3200 - 97.0100 area. Key point 98.1200 Entry point 97.4124 Elliott 95.6200 Closing 97.6400 Projection 98.1662 Trendline 96.3799 Trendline 97.1400 Res 2 98.8800 Ex-High 97.9400 Res 1 98.2600 Pivot 97.3200 Sup 1 96.7000 Ex-Low 96.3800 Sup 2 95.7600 97.9530 97.6020 96.4660 96.1150   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 95.5150 Scenario for this week Market should not go lower than 95.3934. After this move down it should go up to 96.8750 - 97.7200 area. Key point 96.4700 Entry point 97.7534 Elliott 101.4400 Closing 97.1100 Projection 93.5400 Trendline 99.3775 Trendline 98.1000 Res 2 100.4900 Ex-High 99.4100 Res 1 98.8000 Pivot 97.7200 Sup 1 96.0300 Ex-Low 96.6400 Sup 2 94.9500 99.4614 98.6750 96.1300 95.3436   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 101.6639 Scenario for this month Currently uptrend should end around 101.2634 - 101.2533 area. A correction down to below 95.1133 is expected. A rise above 103.5367 will abort the expected correction. Key point 99.1350 Entry point 97.0700 Elliott 87.1100 Closing 98.9700 Projection 101.6639 Trendline 93.0425 Trendline 98.4900 Res 2 103.5367 Ex-High 99.6800 Res 1 101.2533 Pivot 97.3967 Sup 1 95.1133 Ex-Low 93.5400 Sup 2 91.2567 102.4078 100.5600 94.5800 92.7322   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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