Thread: RTFX TraderTip >> EUR-JPY Analysis - Monday 06 July 2009

RTFX TraderTip >> EUR-JPY 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 EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 133.3700 Scenario for today It should try higher up to 134.5600 - 134.8867. Entry point 134.2333 or 133.9400. After this rise, a correction is expected. Key point 133.8467 Entry point 133.9864 Elliott 136.9000 Closing 134.3000 Projection 133.3700 Trendline 135.2422 Trendline 133.7800 Res 2 135.4733 Ex-High 134.8200 Res 1 134.8867 Pivot 134.2333 Sup 1 133.6467 Ex-Low 133.5800 Sup 2 132.9933 136.3007 135.8100 134.2220 133.7313   WEEKLY TECHNICAL ANALYSIS EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 135.3250 Scenario for this week While below 134.3000 or 134.8567 it could fall towards below 132.8134 or 131.3267. After which a corrective/consolidation activity is expected to 135.6000 zone. Key point 134.4113 Entry point 134.3757 Elliott 131.4300 Closing 134.3000 Projection 136.2442 Trendline 133.3701 Trendline 135.3100 Res 2 138.3867 Ex-High 136.9000 Res 1 136.3434 Pivot 134.8567 Sup 1 132.8134 Ex-Low 133.3700 Sup 2 131.3267 136.8594 136.0413 133.3938 132.5757   Warning: End of trend 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 137.6680 Entry point 135.9092 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 139.7764 138.0599 132.5050 130.7885   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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