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

RTFX TraderTip >> EUR-NZD 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 EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle 1.9020 Scenario for today It should test 1.9167 area after which a sell off down to 1.9040 or extended to 1.8976 area is expected. Key point 1.9136 Entry point 1.9078 Elliott 1.9020 Closing 1.9105 Projection 1.9262 Trendline 1.9097 Trendline 1.9002 Res 2 1.9192 Ex-High 1.9127 Res 1 1.9148 Pivot 1.9084 Sup 1 1.9040 Ex-Low 1.9020 Sup 2 1.8976 1.9331 1.9281 1.9118 1.9067   WEEKLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.8892 Scenario for this week Market should not go lower than 1.9062 - 1.8880. After this move down it should go up to 1.9356 - 1.9468 area. Key point 1.8896 Entry point 1.9281 Elliott 1.9874 Closing 1.9105 Projection 1.8892 Trendline 1.9509 Trendline 1.9561 Res 2 1.9831 Ex-High 1.9607 Res 1 1.9468 Pivot 1.9244 Sup 1 1.8880 Ex-Low 1.9020 Sup 2 1.8656 1.9565 1.9429 1.8989 1.8853   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS EUR-NZD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There is bearish potential for a fall to 1.9384 - 1.9158 while 1.9609 - 1.9780 resist. After this fall a recovery up to 1.9780 or 1.9951 is expected. Key point 1.9495 Entry point 1.9639 Elliott 2.1278 Closing 1.9500 Projection 1.8087 Trendline 1.9663 Trendline 1.9663 Res 2 2.0402 Ex-High 2.0060 Res 1 1.9951 Pivot 1.9609 Sup 1 1.9158 Ex-Low 1.9267 Sup 2 1.8816 2.0222 1.9967 1.9143 1.8888   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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