Thread: RTFX TraderTip >> NZD-JPY Analysis - Monday 22 March 2010

RTFX TraderTip >> NZD-JPY 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 NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 63.61 Scenario for today No comment! Key point 63.87 Entry point 64.40 Elliott 64.95 Closing 64.12 Projection 63.85 Trendline 64.72 Trendline 64.66 Res 2 65.07 Ex-High 64.76 Res 1 64.59 Pivot 64.28 Sup 1 63.80 Ex-Low 63.97 Sup 2 63.49 64.88 64.65 63.90 63.67   WEEKLY TECHNICAL ANALYSIS NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat support in correction up 63.56 Scenario for this week While below 64.54 - 64.99 it is more likely to fall further towards 63.64 or 63.20. Premature rise above 64.99 could see it rising above 65.87 zone. Key point 64.69 Entry point 64.35 Elliott 60.62 Closing 64.12 Projection 66.97 Trendline 63.91 Trendline 64.44 Res 2 65.87 Ex-High 64.95 Res 1 64.99 Pivot 64.08 Sup 1 63.20 Ex-Low 63.17 Sup 2 62.29 65.17 64.76 63.42 63.01   MONTHLY TECHNICAL ANALYSIS NZD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle 60.49 Scenario for this month Structure is bearish to 61.26 or 60.12 limit but slowing momentum suggests a correction first to 63.36 or 66.61 zone. Key point 60.75 Entry point 60.62 Elliott 60.49 Closing 62.04 Projection 65.55 Trendline 64.69 Trendline 60.70 Res 2 66.61 Ex-High 64.69 Res 1 64.32 Pivot 62.40 Sup 1 60.12 Ex-Low 60.49 Sup 2 58.20 66.14 64.82 60.55 59.23   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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