Thread: RTFX TraderTip >> NZD-USD Analysis - Friday 31 July 2009

RTFX TraderTip >> NZD-USD Analysis - 31 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 : elongated flat correction down 0.6478 Scenario for today One more dip to 0.6500 - < s1> is likely followed by a grind higher to 0.6546 - 0.6569. After which it can resume its downtrend. Key point 0.6520 Entry point 0.6532 Elliott 0.6634 Closing 0.6522 Projection 0.6466 Trendline 0.6554 Trendline 0.6549 Res 2 0.6616 Ex-High 0.6570 Res 1 0.6569 Pivot 0.6523 Sup 1 0.6476 Ex-Low 0.6477 Sup 2 0.6430 0.6615 0.6591 0.6513 0.6489   Warning: End of trend WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat support in correction up 0.6461 Scenario for this week One move lower to 0.6455 or 0.6353 is anticipated while below 0.6594 - 0.6645 area. Stop loss above 0.6733 zone. Key point 0.6618 Entry point 0.6546 Elliott 0.6196 Closing 0.6558 Projection 0.6769 Trendline 0.6379 Trendline 0.6684 Res 2 0.6733 Ex-High 0.6630 Res 1 0.6645 Pivot 0.6543 Sup 1 0.6455 Ex-Low 0.6440 Sup 2 0.6353 0.6686 0.6632 0.6458 0.6404   Warning: Imminent end of bullish move 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 0.6401 - 0.6525 area. Stop loss above 0.6650 zone. Key point 0.6521 Entry point 0.6494 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 0.6750 0.6614 0.6175 0.6039   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

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.

More informations about Realtime Forex