Thread: RTFX TraderTip >> NZD-USD Analysis - Wednesday 03 June 2009

RTFX TraderTip >> NZD-USD Analysis - 3 Jun 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 : extended impulse wave up 0.6623 Scenario for today Currently uptrend should end around 0.6623 - 0.6624 area. A correction down to below 0.6476 is expected. A rise above 0.6683 will abort the expected correction. Key point 0.6630 Entry point 0.6579 Elliott 0.6120 Closing 0.6565 Projection 0.6722 Trendline 0.6504 Trendline 0.6557 Res 2 0.6683 Ex-High 0.6594 Res 1 0.6624 Pivot 0.6535 Sup 1 0.6476 Ex-Low 0.6446 Sup 2 0.6387 0.6536 0.6489 0.6337 0.6290   Warning: End of trend - Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Difficult to predict next move. It should stay in a trading range between 0.6197 - 0.6517. A break of 0.6624 is needed for a continuation of up trend. Key point 0.6648 Entry point 0.6355 Elliott 0.5487 Closing 0.6409 Projection 0.6923 Trendline 0.6058 Trendline 0.6351 Res 2 0.6624 Ex-High 0.6412 Res 1 0.6517 Pivot 0.6304 Sup 1 0.6197 Ex-Low 0.6092 Sup 2 0.5984 0.6587 0.6503 0.6231 0.6147   Warning: End of trend - Imminent end of bullish move MONTHLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Difficult to predict next move. It should stay in a trading range between 0.5887 - 0.6672. A break of 0.6934 is needed for a continuation of up trend. Key point 0.7113 Entry point 0.6366 Elliott 0.4895 Closing 0.6409 Projection 0.6947 Trendline 0.5888 Trendline 0.5993 Res 2 0.6934 Ex-High 0.6412 Res 1 0.6672 Pivot 0.6149 Sup 1 0.5887 Ex-Low 0.5627 Sup 2 0.5364 0.6659 0.6503 0.5999 0.5843   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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