RTFX TraderTip >> EUR-NZD Analysis - Friday 10 December 2010

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RTFX TraderTip >> EUR-NZD 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 EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.7582 Scenario for today There are initial signs of a good corrective recovery towards 1.7741 or even 1.7770. Supports at 1.7669 and 1.7626 zone. Key point 1.7639 Entry point 1.7730 Elliott 1.7818 Closing 1.7683 Projection 1.7582 Trendline 1.7625 Trendline 1.7809 Res 2 1.7857 Ex-High 1.7799 Res 1 1.7770 Pivot 1.7712 Sup 1 1.7626 Ex-Low 1.7655 Sup 2 1.7568 1.7733 1.7687 1.7536 1.7490   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.7818 Scenario for this week It should register further gains to 1.7673 while 1.7381 - 1.7253 caps downside attempts. Stop loss below 1.7090 zone. Key point 1.7456 Entry point 1.7437 Elliott 1.7417 Closing 1.7509 Projection 1.8066 Trendline 1.7708 Trendline 1.7599 Res 2 1.7836 Ex-High 1.7708 Res 1 1.7673 Pivot 1.7545 Sup 1 1.7381 Ex-Low 1.7417 Sup 2 1.7253 1.7867 1.7763 1.7427 1.7323   Warning: End of trend MONTHLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.7369 Scenario for this month Market should not go lower than 1.6989. After this move down it should go up to 1.7880 - 1.8029 area. Key point 1.7359 Entry point 1.7719 Elliott 1.8705 Closing 1.7483 Projection 1.7369 Trendline 1.8277 Trendline 1.7850 Res 2 1.8576 Ex-High 1.8277 Res 1 1.8029 Pivot 1.7730 Sup 1 1.7183 Ex-Low 1.7431 Sup 2 1.6884 1.8241 1.8048 1.7424 1.7231   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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