RTFX TraderTip >> CAD-JPY Analysis - Friday 10 December 2010

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RTFX TraderTip >> CAD-JPY Analysis - 10 Dec 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 CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 83.24 Scenario for today Preferred view is for a fall to 82.81 - 82.67 while 83.05 - 83.16 area resists. A clear break of 83.44 would be bullish. Key point 83.07 Entry point 83.05 Elliott 81.82 Closing 82.88 Projection 83.71 Trendline 82.99 Trendline 83.20 Res 2 83.44 Ex-High 83.23 Res 1 83.16 Pivot 82.95 Sup 1 82.67 Ex-Low 82.74 Sup 2 82.45 83.23 83.02 82.36 82.16   Warning: Harami WEEKLY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 83.68 Scenario for this week While above 81.79 - 81.15 zone a corrective dip could test 82.43 or 83.73. Key point 82.50 Entry point 81.87 Elliott 78.69 Closing 82.44 Projection 84.07 Trendline 81.30 Trendline 81.72 Res 2 85.01 Ex-High 83.71 Res 1 83.73 Pivot 82.43 Sup 1 81.15 Ex-Low 81.13 Sup 2 79.85 84.25 83.59 81.47 80.81   MONTHLY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Current rise seems to be over near 82.34 or 83.51 for a retracement towards 81.16 - 80.17 area. Key point 83.92 Entry point 80.49 Elliott 78.44 Closing 81.54 Projection 84.57 Trendline 78.85 Trendline 78.92 Res 2 85.49 Ex-High 83.14 Res 1 83.51 Pivot 81.16 Sup 1 79.18 Ex-Low 78.80 Sup 2 76.82 84.45 83.42 80.08 79.05   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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