Thread: RTFX TraderTip >> NZD-USD Analysis - Monday 18 May 2009

RTFX TraderTip >> NZD-USD Analysis - 18 May 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 NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 0.5899 Scenario for today Market should not go lower than 0.5848 - 0.5807. After this move down it should go up to 0.5917 - 0.5944 area. Key point 0.5851 Entry point 0.5895 Elliott 0.6129 Closing 0.5862 Projection 0.5758 Trendline 0.5942 Trendline 0.5955 Res 2 0.6026 Ex-High 0.5971 Res 1 0.5944 Pivot 0.5889 Sup 1 0.5807 Ex-Low 0.5834 Sup 2 0.5752 0.6053 0.6011 0.5874 0.5832   WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week There are initial signs of a good corrective recovery towards 0.5996 or even 0.6049. Supports at 0.5848 and 0.5754 zone. Key point 0.5742 Entry point 0.5936 Elliott 0.6129 Closing 0.5862 Projection 0.5732 Trendline 0.5868 Trendline 0.5987 Res 2 0.6237 Ex-High 0.6129 Res 1 0.6049 Pivot 0.5942 Sup 1 0.5754 Ex-Low 0.5834 Sup 2 0.5647 0.6100 0.6032 0.5811 0.5743   Warning: End of trend MONTHLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month A corrective rise should ideally test 0.5925 or even higher than 0.6198. Supports are at 0.5454. Stop loss below 0.5214 zone. Key point 0.5993 Entry point 0.5888 Elliott 0.4895 Closing 0.5652 Projection 0.6163 Trendline 0.5487 Trendline 0.6079 Res 2 0.6198 Ex-High 0.5979 Res 1 0.5925 Pivot 0.5706 Sup 1 0.5433 Ex-Low 0.5487 Sup 2 0.5214 0.6208 0.6054 0.5557 0.5403   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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