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

RTFX TraderTip >> USD-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 USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 83.31 Scenario for today It should test 83.90 area after which a sell off down to 83.51 or extended to 83.24 area is expected. Key point 83.65 Entry point 83.72 Elliott 85.22 Closing 83.78 Projection 82.72 Trendline 83.74 Trendline 84.01 Res 2 84.30 Ex-High 84.03 Res 1 84.04 Pivot 83.77 Sup 1 83.51 Ex-Low 83.50 Sup 2 83.24 84.31 84.15 83.61 83.45   Warning: Harami WEEKLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 83.05 Scenario for this week It might hold above 84.04 or around 83.67 for a rise towards above 85.66. Stop loss below 83.43 zone. Key point 83.09 Entry point 84.50 Elliott 85.90 Closing 84.42 Projection 82.17 Trendline 83.67 Trendline 83.75 Res 2 86.90 Ex-High 85.90 Res 1 85.66 Pivot 84.67 Sup 1 83.43 Ex-Low 83.67 Sup 2 82.43 85.72 85.20 83.51 82.99   MONTHLY TECHNICAL ANALYSIS USD-JPY         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat resistance in downtrend 85.28 Scenario for this month Structure is bearish to 83.90 or 82.90 limit but slowing momentum suggests a correction first to 85.54 or 88.18 zone. Key point 82.78 Entry point 83.82 Elliott 94.99 Closing 84.20 Projection 79.28 Trendline 85.70 Trendline 84.18 Res 2 88.18 Ex-High 86.88 Res 1 86.19 Pivot 84.89 Sup 1 82.90 Ex-Low 83.59 Sup 2 81.60 86.85 86.05 83.47 82.67   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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