RTFX TraderTip >> EUR-USD Analysis - Wednesday 03 June 2009

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RTFX TraderTip >> EUR-USD Analysis - 3 Jun 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 1.4370 Scenario for today Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4337 or 1.4389 if support around 1.4245 hold. After which a pullback to 1.4245 - 1.4202 zone is possible. Key point 1.4389 Entry point 1.4269 Elliott 1.3793 Closing 1.4303 Projection 1.4370 Trendline 1.4203 Trendline 1.4205 Res 2 1.4474 Ex-High 1.4331 Res 1 1.4389 Pivot 1.4245 Sup 1 1.4160 Ex-Low 1.4102 Sup 2 1.4016 1.4275 1.4218 1.4033 1.3976   Warning: End of trend WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat support in correction up 1.4042 Scenario for this week Uptrend is still intact. It should continue to rally to 1.4153 or 1.4273 if supports at 1.4033 area hold. Then we anticipate a pullback to 1.4033 - 1.3965 zone. Key point 1.4437 Entry point 1.4123 Elliott 1.2885 Closing 1.4137 Projection 1.4757 Trendline 1.3753 Trendline 1.4162 Res 2 1.4409 Ex-High 1.4169 Res 1 1.4273 Pivot 1.4033 Sup 1 1.3897 Ex-Low 1.3793 Sup 2 1.3657 1.4344 1.4250 1.3946 1.3852   Warning: End of trend - Imminent end of bullish move MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction up 1.4379 Scenario for this month Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4440 or 1.4467 if support around 1.3839 hold. After which a pullback to 1.3839 - 1.3675 zone is possible. Key point 1.4986 Entry point 1.4055 Elliott 1.2456 Closing 1.4137 Projection 1.4530 Trendline 1.3345 Trendline 1.3590 Res 2 1.4796 Ex-High 1.4169 Res 1 1.4467 Pivot 1.3839 Sup 1 1.3510 Ex-Low 1.3212 Sup 2 1.2882 1.4434 1.4250 1.3656 1.3472   Warning: Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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