RTFX TraderTip >> EUR-USD Analysis - Monday 29 June 2009

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RTFX TraderTip >> EUR-USD Analysis - 29 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 : common flat correction up 1.4138 Scenario for today While below 1.4093 - 1.4130 it is more likely to fall further towards 1.4025 or 1.3995. Premature rise above 1.4130 could see it rising above 1.4191 zone. Key point 1.4107 Entry point 1.4068 Elliott 1.3889 Closing 1.4068 Projection 1.4138 Trendline 1.3983 Trendline 1.4077 Res 2 1.4191 Ex-High 1.4118 Res 1 1.4130 Pivot 1.4056 Sup 1 1.3995 Ex-Low 1.3983 Sup 2 1.3921 1.4149 1.4096 1.3925 1.3872   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.4190 Scenario for this week It should trade higher to 1.4195 while 1.4011 or 1.3947 offers support. Stop loss below 1.3883 zone. Key point 1.4154 Entry point 1.3988 Elliott 1.3748 Closing 1.4068 Projection 1.4338 Trendline 1.3826 Trendline 1.3904 Res 2 1.4323 Ex-High 1.4138 Res 1 1.4195 Pivot 1.4011 Sup 1 1.3883 Ex-Low 1.3826 Sup 2 1.3699 1.4214 1.4142 1.3908 1.3836   Warning: Low Zone 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 1.4284 Entry point 1.3821 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 1.4492 1.4253 1.3480 1.3241   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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