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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
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