Thread: RTFX TraderTip >> CAD-JPY Analysis - Friday 10 September 2010

RTFX TraderTip >> CAD-JPY 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 CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 81.52 Scenario for today While below 81.19 - 81.42 it is more likely to fall further towards 80.76 or 80.57. Premature rise above 81.42 could see it rising above 81.80 zone. Key point 81.49 Entry point 81.22 Elliott 79.51 Closing 81.04 Projection 81.68 Trendline 80.47 Trendline 81.44 Res 2 81.80 Ex-High 81.33 Res 1 81.42 Pivot 80.95 Sup 1 80.57 Ex-Low 80.47 Sup 2 80.09 81.61 81.31 80.34 80.04   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Market should hold major support at 79.12 before rising towards 82.61 or even 84.00 limit. Key point 80.44 Entry point 79.34 Elliott 78.44 Closing 81.21 Projection 82.81 Trendline 78.57 Trendline 78.70 Res 2 84.00 Ex-High 81.99 Res 1 82.61 Pivot 80.59 Sup 1 79.19 Ex-Low 78.57 Sup 2 77.18 82.56 81.73 79.04 78.21   MONTHLY TECHNICAL ANALYSIS CAD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Market should not go lower than 78.73 - 76.56. After this move down it should go up to 82.12 - 83.35 area. Key point 78.12 Entry point 81.25 Elliott 94.49 Closing 79.01 Projection 74.92 Trendline 83.68 Trendline 82.92 Res 2 87.69 Ex-High 85.23 Res 1 83.35 Pivot 80.90 Sup 1 76.56 Ex-Low 78.44 Sup 2 74.10 84.92 83.45 78.68 77.21   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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