Thread: RTFX TraderTip >> XAG-USD Analysis - Friday 10 September 2010

RTFX TraderTip >> XAG-USD Analysis - 10 Sep 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 : flat correction down 19.56 Scenario for today It looks more likely that it would rise to 19.94 - 20.19 from 19.69 or 19.57. After which a downside move is expected. Key point 19.61 Entry point 19.82 Elliott 20.15 Closing 19.70 Projection 19.56 Trendline 20.06 Trendline 19.98 Res 2 20.19 Ex-High 20.06 Res 1 19.94 Pivot 19.82 Sup 1 19.57 Ex-Low 19.69 Sup 2 19.44 20.09 19.99 19.68 19.58   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave up 20.16 Scenario for this week Currently uptrend should end around 20.68 - 20.25 area. A correction down to below 19.14 is expected. A rise above 20.65 will abort the expected correction. Key point 20.46 Entry point 19.92 Elliott 17.76 Closing 19.84 Projection 20.65 Trendline 18.83 Trendline 19.91 Res 2 20.65 Ex-High 19.94 Res 1 20.25 Pivot 19.54 Sup 1 19.14 Ex-Low 18.83 Sup 2 18.43 20.31 20.05 19.20 18.94   Warning: End of trend - Imminent end of bullish move MONTHLY TECHNICAL ANALYSIS XAG-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should try higher up to 19.39 - 19.93. Entry point 18.84 or 18.56. After this rise, a correction is expected. Key point 20.82 Entry point 18.89 Elliott 17.07 Closing 19.36 Projection 21.53 Trendline 17.70 Trendline 18.18 Res 2 20.49 Ex-High 19.41 Res 1 19.93 Pivot 18.84 Sup 1 18.28 Ex-Low 17.76 Sup 2 17.19 20.17 19.78 18.52 18.13   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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