Thread: RTFX TraderTip >> EUR-JPY Analysis - Monday 13 July 2009

RTFX TraderTip >> EUR-JPY Analysis - 13 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 : extended impulse wave down 127.8561 Scenario for today It looks set to visit further lower territory down to around 128.3550 - 127.6033. Its corrective attempts should fail ahead of 128.3550 - 130.4033. Stop loss above 131.9067 zone. Key point 128.5900 Entry point 129.2554 Elliott 136.9000 Closing 128.9000 Projection 125.9923 Trendline 129.8655 Trendline 129.7114 Res 2 131.9067 Ex-High 130.6100 Res 1 130.4033 Pivot 129.1067 Sup 1 127.6033 Ex-Low 127.8100 Sup 2 126.3067 132.3050 131.4280 128.5900 127.7131   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS EUR-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extension wave down 126.7586 Scenario for this week One more dip to 127.9600 is likely followed by a grind higher to 132.9867. After which it can resume its downtrend. Key point 127.5512 Entry point 130.1181 Elliott 136.9000 Closing 128.9000 Projection 124.6691 Trendline 134.0899 Trendline 131.2800 Res 2 137.0733 Ex-High 134.0900 Res 1 132.9867 Pivot 130.0033 Sup 1 125.9167 Ex-Low 127.0200 Sup 2 122.9333 134.0171 132.3787 127.0763 125.4379   Warning: Low Zone - Imminent end of bearish move 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 134.5800 Entry point 136.8999 Elliott 139.2200 Closing 135.2100 Projection 122.4475 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 140.7900 138.0600 129.2250 126.4950   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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