Thread: RTFX TraderTip >> USD-JPY Analysis - Wednesday 24 June 2009

RTFX TraderTip >> USD-JPY Analysis - 24 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 USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 94.4941 Scenario for today One more dip to 95.0500 - < s1> is likely followed by a grind higher to 95.5900 - 95.8267. After which it can resume its downtrend. Key point 95.0800 Entry point 95.2401 Elliott 97.1800 Closing 95.2200 Projection 94.4941 Trendline 95.6126 Trendline 95.6100 Res 2 96.4333 Ex-High 95.9600 Res 1 95.8267 Pivot 95.3533 Sup 1 94.7467 Ex-Low 94.8800 Sup 2 94.2733 96.6010 96.3260 95.4360 95.1610   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 94.5858 Scenario for this week Market should pop up towards 97.3800 or 98.0000 this bullish scenario would be damaged if 95.8550 - 94.9500 zone is broken, a severe break down could then occur. Key point 95.4500 Entry point 96.9567 Elliott 98.8900 Closing 96.1900 Projection 93.8500 Trendline 98.6275 Trendline 98.4100 Res 2 99.8100 Ex-High 98.5700 Res 1 98.0000 Pivot 96.7600 Sup 1 94.9500 Ex-Low 95.5200 Sup 2 93.7100 98.1322 97.4400 95.2000 94.5078   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 94.2750 Scenario for this month Market should not go lower than 94.5650 - 92.8300. After this move down it should go up to 97.5250 - 98.7500 area. Key point 97.6150 Entry point 98.2750 Elliott 101.4400 Closing 95.2800 Projection 92.5841 Trendline 99.7700 Trendline 98.1000 Res 2 102.2200 Ex-High 99.7700 Res 1 98.7500 Pivot 96.3000 Sup 1 92.8300 Ex-Low 93.8500 Sup 2 90.3800 100.9306 99.3300 94.1500 92.5494   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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