Thread: RTFX TraderTip >> EUR-JPY Analysis - Friday 03 July 2009

RTFX TraderTip >> EUR-JPY Analysis - 3 Jul 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 EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 133.3700 Scenario for today There is bearish potential for a fall to 133.3900 while 135.0800 - 135.5500 resist. After this fall a recovery up to 135.5500 or 136.0200 is expected. Key point 133.2050 Entry point 135.3679 Elliott 136.9000 Closing 134.3300 Projection 133.3700 Trendline 136.7697 Trendline 136.6400 Res 2 137.7100 Ex-High 136.7700 Res 1 136.0200 Pivot 135.0800 Sup 1 133.3900 Ex-Low 134.1400 Sup 2 132.4500 136.6075 136.0195 134.1165 133.5285   WEEKLY TECHNICAL ANALYSIS EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 137.2725 Scenario for this week It should try higher up to 134.4550 - 135.4633. Entry point 133.4467 or 132.6800. After this rise, a correction is expected. Key point 135.3100 Entry point 133.3701 Elliott 131.4300 Closing 133.9300 Projection 139.2200 Trendline 135.4667 Trendline 133.5667 Res 2 136.9967 Ex-High 134.9800 Res 1 135.4633 Pivot 133.4467 Sup 1 131.9133 Ex-Low 131.4300 Sup 2 129.8967 137.0338 135.9400 132.4001 131.3063   MONTHLY TECHNICAL ANALYSIS EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month While below 135.2100 or 135.2867 it could fall towards below 131.3533 or 127.4967. After which a corrective/consolidation activity is expected to 137.2150 zone. Key point 138.3400 Entry point 136.2359 Elliott 112.0800 Closing 135.2100 Projection 142.7411 Trendline 132.6241 Trendline 136.0025 Res 2 143.0767 Ex-High 139.2200 Res 1 139.1433 Pivot 135.2867 Sup 1 131.3533 Ex-Low 131.4300 Sup 2 127.4967 139.6899 138.0599 132.7850 131.1551   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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