http://www.rtfx.com/enThu, 23 Feb 2012 08:26 +0100Thu, 23 Feb 2012 08:26 +0100Copyright 2010 © RTFX1440http://www.rtfx.com/forex-analysis/technical-analysis/forex-market-trends/Wed, 22 Feb 2012 23:00:00 +0100Market TrendStrength can extend to 34.55 or even higher than 35.13 as declines are expected to find support at 34.10. A fall below 33.96 could turn it bearish. Elliott: irregular flat correction up 34.47. Closing: 34.28. Pivot: 34.24.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/XAG-USD/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipUptrend is still intact in a triangle configuration. It should continue to rally to 1793.79 or 1788.78 if support around 1769.09 hold. After which a pullback to 1769.09 - 1762.79 zone is possible. Warning: Imminent end of bullish move. Elliott: extended impulse wave up 1787.00. Closing: 1776.18. Pivot: 1769.09.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/XAU-USD/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipMarket should not go lower than 1.5601. After this move down it should go up to 1.5773 area. Warning: Imminent end of bearish move. Elliott: irregular flat correction down 1.5570. Closing: 1.5670. Pivot: 1.5711.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/GBP-USD/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipIt should trade higher to 1.3274 while 1.3230 or 1.3218 offers support. Stop loss below 1.3187 zone. Warning: Harami. Elliott: common flat correction up 1.3321. Closing: 1.3249. Pivot: 1.3243.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/EUR-USD/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipWhile below 126.22 - 126.42 it might drop to 125.41 or 125.00. Elliott: crucial reversal point. Closing: 125.82. Pivot: 126.01.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/GBP-JPY/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipCurrently uptrend should end around 106.82 - 106.82 area. A correction down to below 105.69 is expected. A rise above 107.26 will abort the expected correction. Warning: End of trend - Imminent end of bullish move. Elliott: extended impulse wave up 106.98. Closing: 106.38. Pivot: 106.13.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/EUR-JPY/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipUptrend is still intact in a triangle configuration. It should continue to rally to 80.59 or 80.57 if support around 80.13 hold. After which a pullback to 80.13 - 79.99 zone is possible. Warning: Imminent end of bullish move. Elliott: crucial reversal point. Closing: 80.29. Pivot: 80.13.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/USD-JPY/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipDecline should be supported around 0.9087 - 0.9071 zone for rally to above 0.9128. A clear break of 0.9071 will damage this expected rally. Warning: Harami. Elliott: irregular flat correction down 0.9057. Closing: 0.9102. Pivot: 0.9112.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/USD-CHF/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipIt may meet resistance in 1.0637 - 1.0643 zone for a drift down to 1.0600 zone, after which bounce to 1.0680 is anticipated. Elliott: irregular flat correction down 1.0581. Closing: 1.0637. Pivot: 1.0643.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/AUD-USD/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipIt may attempt a test higher to 85.50 - 85.76 after which weakness may set it to a drift down to below 84.89 limit. Elliott: flat correction up 85.95. Closing: 85.41. Pivot: 85.24.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/AUD-JPY/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipIt looks more likely that it would rise to 1.4821 - 1.4911 from 1.4723 or 1.4678. After which a downside move is expected. Warning: Engulfing pattern. Elliott: flat correction down 1.4631. Closing: 1.4732. Pivot: 1.4768.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/GBP-AUD/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipCurrent upmove should be ended around 1.0009 - 1.0028. Any correction consolidation should find support in 0.9977 - 0.9962 zone. Warning: Imminent end of bullish move. Elliott: common flat correction up 1.0051. Closing: 0.9999. Pivot: 0.9991.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/USD-CAD/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipOne more dip to 0.8278 - 0.8252 is likely followed by a grind higher to 0.8325 - 0.8346. After which it can resume its downtrend. Warning: Imminent end of bearish move. Elliott: flat correction down 0.8245. Closing: 0.8292. Pivot: 0.8305.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/NZD-USD/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipUptrend is still intact in a triangle configuration. It should continue to rally to 0.8495 or 0.8484 if support around 0.8431 hold. After which a pullback to 0.8431 - 0.8417 zone is possible. Warning: Imminent end of bullish move. Elliott: impulse wave up 0.8508. Closing: 0.8455. Pivot: 0.8431.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/EUR-GBP/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipIt should be subject to more sell off towards 1.2993 or 1.2829. Corrective upward swings should face resistance around 1.3337 area. A break of 1.3448 is bullish. Elliott: common flat correction up 1.3321. Closing: 1.3156. Pivot: 1.3138.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/EUR-USD/23.02.2012//Wed, 22 Feb 2012 23:00:00 +0100Trader TipWhile above 0.9144 - 0.9092 zone a corrective dip could test 0.9196 or 0.9289. Elliott: irregular flat correction down 0.9039. Closing: 0.9185. Pivot: 0.9196.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/USD-CHF/23.02.2012//Wed, 22 Feb 2012 23:00:00 +0100Trader TipIt looks set for gains to 1737.79. Supports at 1713.82 and 1705.99. A break of 1689.86 will damage this bullish structure. Warning: Harami. Elliott: irregular flat correction up 1785.73. Closing: 1722.12. Pivot: 1721.66.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/XAU-USD/23.02.2012//Wed, 22 Feb 2012 23:00:00 +0100Trader TipIt should trade lower to 1653.95 or 1507.69 in extension while 1742.70 - 1800.21 offer resistance. A break of 1862.71 will damage this bearish view. Warning: Harami. Elliott: flat correction up 1782.56. Closing: 1737.70. Pivot: 1685.20.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/XAU-USD/23.02.2012//Wed, 22 Feb 2012 23:00:00 +0100Trader TipIt may attempt a test higher to 1.0758 - 1.0801 after which weakness may set it to a drift down to 1.0631 limit. Elliott: irregular flat correction down 1.0556. Closing: 1.0717. Pivot: 1.0715.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/AUD-USD/23.02.2012//Wed, 22 Feb 2012 23:00:00 +0100Trader TipUptrend is still intact in a triangle configuration. It should continue to rally to 1.3283 or 1.3274 if support around 1.3227 hold. After which a pullback to 1.3227 - 1.3214 zone is possible. Warning: Imminent end of bullish move. Elliott: irregular flat correction up 1.3316. Closing: 1.3247. Pivot: 1.3227.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/EUR-CAD/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipIt looks set to visit further lower territory down to around 1.2058 - 1.2051. Its corrective attempts should fail ahead of 1.2069 or 1.2073. Stop loss above 1.2087 zone. Elliott: extended impulse wave down 1.2001. Closing: 1.2058. Pivot: 1.2065.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/EUR-CHF/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader TipMarket should not go lower than 1.4195. After this move down it should go up to 1.4364 area. Warning: Imminent end of bearish move. Elliott: extension wave down 1.4193. Closing: 1.4262. Pivot: 1.4311.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/GBP-CHF/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader Tip Warning: End of trend - Engulfing pattern. Elliott: crucial reversal point. Closing: 0.8337. Pivot: 0.8335.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/NZD-USD/23.02.2012//Wed, 22 Feb 2012 23:00:00 +0100Trader TipCurrent rise should end around 1.6036. Objectives of this downmove are 1.5884 or 1.5790. A rise above 1.6095 is again bullish. Warning: Imminent end of bullish move. Elliott: common flat correction up 1.6018. Closing: 1.5977. Pivot: 1.5942.http://www.rtfx.com/forex-analysis/technical-analysis/trader-tip/EUR-NZD/23.02.2012/daily/Wed, 22 Feb 2012 23:00:00 +0100Trader Tip