RTFX TraderTip >> EUR-USD Analysis - Monday 25 May 2009

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RTFX TraderTip >> EUR-USD Analysis - 25 May 2009 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 EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : impulse wave up 1.4090 Scenario for today One move lower to 1.3910 or 1.3820 is anticipated while below 1.4026 - 1.4071 area. Stop loss above 1.4142 zone. Key point 1.4087 Entry point 1.4026 Elliott 1.3424 Closing 1.4001 Projection 1.4090 Trendline 1.3905 Trendline 1.4052 Res 2 1.4142 Ex-High 1.4051 Res 1 1.4071 Pivot 1.3981 Sup 1 1.3910 Ex-Low 1.3890 Sup 2 1.3820 1.3953 1.3902 1.3738 1.3688   Warning: End of trend - Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4065 or 1.4227 if support around 1.3825 hold. After which a pullback to 1.3825 - 1.3713 zone is possible. Key point 1.4264 Entry point 1.3784 Elliott 1.2885 Closing 1.4001 Projection 1.4239 Trendline 1.3665 Trendline 1.3665 Res 2 1.4452 Ex-High 1.4051 Res 1 1.4227 Pivot 1.3825 Sup 1 1.3600 Ex-Low 1.3424 Sup 2 1.3198 1.4249 1.4104 1.3634 1.3489   Warning: End of trend - Engulfing pattern MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There are initial signs of a good corrective recovery to at least 1.3406 or even above 1.3580. Supports at 1.2883 zone. Key point 1.3590 Entry point 1.3345 Elliott 1.2456 Closing 1.3230 Projection 1.4530 Trendline 1.2885 Trendline 1.3314 Res 2 1.3929 Ex-High 1.3582 Res 1 1.3580 Pivot 1.3232 Sup 1 1.2883 Ex-Low 1.2885 Sup 2 1.2535 1.4053 1.3816 1.3049 1.2812   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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