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

RTFX TraderTip >> NZD-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 NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.7046 Scenario for today Market should not go lower than 0.7074 - 0.7046. After this move down it should go up to 0.7120 - 0.7137 area. Key point 0.7070 Entry point 0.7115 Elliott 0.7178 Closing 0.7082 Projection 0.7046 Trendline 0.7159 Trendline 0.7140 Res 2 0.7193 Ex-High 0.7157 Res 1 0.7137 Pivot 0.7102 Sup 1 0.7046 Ex-Low 0.7066 Sup 2 0.7011 0.7174 0.7150 0.7072 0.7048   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 0.7135 Scenario for this week There are initial signs of a good corrective recovery towards 0.7178 or even 0.7274. Supports at 0.7035 and 0.6987 zone. Key point 0.7095 Entry point 0.7052 Elliott 0.6848 Closing 0.7082 Projection 0.7224 Trendline 0.7017 Trendline 0.7055 Res 2 0.7274 Ex-High 0.7178 Res 1 0.7178 Pivot 0.7083 Sup 1 0.6987 Ex-Low 0.6987 Sup 2 0.6892 0.7198 0.7154 0.7011 0.6967   MONTHLY TECHNICAL ANALYSIS NZD-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 0.7200 Scenario for this month Market should hold major support at 0.6759 before rising towards 0.7153 or even 0.7323 limit. Key point 0.6896 Entry point 0.6852 Elliott 0.6809 Closing 0.6982 Projection 0.7200 Trendline 0.7151 Trendline 0.6860 Res 2 0.7323 Ex-High 0.7151 Res 1 0.7153 Pivot 0.6981 Sup 1 0.6810 Ex-Low 0.6809 Sup 2 0.6638 0.7269 0.7165 0.6830 0.6726   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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