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

RTFX TraderTip >> NZD-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 NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 0.6271 Scenario for today Market should not go lower than 0.6282 - 0.6260. After this move down it should go up to 0.6344 - 0.6388 area. Key point 0.6270 Entry point 0.6281 Elliott 0.6550 Closing 0.6300 Projection 0.6223 Trendline 0.6326 Trendline 0.6280 Res 2 0.6388 Ex-High 0.6348 Res 1 0.6344 Pivot 0.6304 Sup 1 0.6260 Ex-Low 0.6264 Sup 2 0.6220 0.6451 0.6422 0.6330 0.6301   Warning: End of trend WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.6211 Scenario for this week There is bearish potential for a fall to 0.6282 - 0.6193 while 0.6371 - 0.6425 resist. After this fall a recovery up to 0.6425 or 0.6479 is expected. Key point 0.6193 Entry point 0.6371 Elliott 0.6550 Closing 0.6300 Projection 0.6153 Trendline 0.6295 Trendline 0.6301 Res 2 0.6657 Ex-High 0.6550 Res 1 0.6479 Pivot 0.6371 Sup 1 0.6193 Ex-Low 0.6264 Sup 2 0.6085 0.6527 0.6461 0.6246 0.6180   MONTHLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month One move lower to 0.6209 or 0.5960 is anticipated while below 0.6525 - 0.6650 area. Stop loss above 0.6842 zone. Key point 0.6606 Entry point 0.6537 Elliott 0.4895 Closing 0.6457 Projection 0.6947 Trendline 0.6222 Trendline 0.6679 Res 2 0.6842 Ex-High 0.6594 Res 1 0.6650 Pivot 0.6401 Sup 1 0.6209 Ex-Low 0.6153 Sup 2 0.5960 0.6634 0.6534 0.6209 0.6109   Warning: End of trend - 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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