Thread: RTFX TraderTip >> NZD-USD Analysis - Wednesday 17 June 2009

RTFX TraderTip >> NZD-USD Analysis - 17 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 : flat correction down 0.6232 Scenario for today It is likely to fall towards 0.6228 - 0.6156 unless a corrective rally breaks the 0.6347 resistance. Stop above 0.6383 zone. Key point 0.6301 Entry point 0.6340 Elliott 0.6470 Closing 0.6300 Projection 0.6153 Trendline 0.6383 Trendline 0.6373 Res 2 0.6466 Ex-High 0.6394 Res 1 0.6383 Pivot 0.6311 Sup 1 0.6228 Ex-Low 0.6239 Sup 2 0.6156 0.6459 0.6417 0.6278 0.6236   WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 0.6213 Scenario for this week It should be subject to more sell off towards 0.6230 or 0.6033. Corrective upward swings should face resistance around 0.6502 area. A break of 0.6667 is bullish. Key point 0.6360 Entry point 0.6367 Elliott 0.6594 Closing 0.6427 Projection 0.6124 Trendline 0.6470 Trendline 0.6346 Res 2 0.6667 Ex-High 0.6470 Res 1 0.6547 Pivot 0.6350 Sup 1 0.6230 Ex-Low 0.6153 Sup 2 0.6033 0.6518 0.6442 0.6196 0.6120   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 0.6679 Entry point 0.6222 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 0.6692 0.6503 0.5890 0.5701   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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