Thread: RTFX TraderTip >> XAG-USD Analysis - Monday 22 March 2010

RTFX TraderTip >> XAG-USD Analysis - 22 Mar 2010 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 XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 16.81 Scenario for today Market should not go lower than 16.78. After this move down it should go up to 17.27 area. Key point 16.79 Entry point 17.14 Elliott 17.59 Closing 16.99 Projection 16.57 Trendline 17.42 Trendline 17.32 Res 2 17.56 Ex-High 17.41 Res 1 17.27 Pivot 17.12 Sup 1 16.84 Ex-Low 16.98 Sup 2 16.69 17.52 17.43 17.13 17.04   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It looks more likely that it would rise to 17.40 - 17.81 from 16.97 or 16.77. After which a downside move is expected. Key point 16.70 Entry point 17.23 Elliott 17.65 Closing 16.99 Projection 16.50 Trendline 17.26 Trendline 17.41 Res 2 17.81 Ex-High 17.59 Res 1 17.40 Pivot 17.18 Sup 1 16.77 Ex-Low 16.96 Sup 2 16.55 17.52 17.37 16.90 16.75   Warning: Harami MONTHLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Market should hold major support at 15.01 before rising towards 17.37 or even 18.30 limit. Key point 18.00 Entry point 16.33 Elliott 14.65 Closing 16.44 Projection 19.47 Trendline 17.14 Trendline 15.68 Res 2 18.30 Ex-High 16.94 Res 1 17.37 Pivot 16.01 Sup 1 15.09 Ex-Low 14.65 Sup 2 13.73 17.85 17.29 15.49 14.93   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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