Thread: RTFX TraderTip >> XAG-USD Analysis - Monday 06 July 2009

RTFX TraderTip >> XAG-USD Analysis - 6 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 XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat resistance in downtrend 13.4800 Scenario for today It should try higher up to 13.4600 - 13.4900. Entry point 13.4300 or 13.4050. After this rise, a correction is expected. Key point 13.3012 Entry point 13.3047 Elliott 14.1500 Closing 13.4400 Projection 13.0659 Trendline 13.4700 Trendline 13.1600 Res 2 13.5400 Ex-High 13.4800 Res 1 13.4900 Pivot 13.4300 Sup 1 13.3800 Ex-Low 13.3700 Sup 2 13.3200 13.8533 13.7535 13.4305 13.3307   Warning: Harami WEEKLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Market should not go lower than 13.0567. After this move down it should go up to 13.9600 area. Key point 13.1550 Entry point 13.4315 Elliott 16.2500 Closing 13.4400 Projection 12.0270 Trendline 13.7375 Trendline 13.9700 Res 2 14.4800 Ex-High 14.1500 Res 1 13.9600 Pivot 13.6300 Sup 1 13.1100 Ex-Low 13.3000 Sup 2 12.7800 14.0982 13.9012 13.2638 13.0668   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There are initial signs of a good corrective recovery towards 14.9250 or even 15.4067. Supports at 13.5400 and 12.6367 zone. Key point 11.4900 Entry point 13.8700 Elliott 16.2500 Closing 13.6000 Projection 11.8100 Trendline 13.2425 Trendline 14.9100 Res 2 17.2133 Ex-High 16.2500 Res 1 15.4067 Pivot 14.4433 Sup 1 12.6367 Ex-Low 13.4800 Sup 2 11.6733 15.5760 15.0600 13.3900 12.8740   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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