RTFX TraderTip >> EUR-USD Analysis - Thursday 02 July 2009

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RTFX TraderTip >> EUR-USD Analysis - 2 Jul 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 : irregular flat correction up 1.4248 Scenario for today Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4172 or 1.4228 if support around 1.4114 hold. After which a pullback to 1.4114 - 1.4071 zone is possible. Key point 1.4181 Entry point 1.4091 Elliott 1.4001 Closing 1.4141 Projection 1.4201 Trendline 1.4089 Trendline 1.4089 Res 2 1.4314 Ex-High 1.4201 Res 1 1.4228 Pivot 1.4114 Sup 1 1.4028 Ex-Low 1.4001 Sup 2 1.3914 1.4197 1.4153 1.4012 1.3968   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.4252 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 1.4140 Entry point 1.3983 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 1.4251 1.4169 1.3905 1.3823   Warning: Low Zone MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 1.4228 Scenario for this month There are initial signs of a good corrective recovery towards 1.4185 or even 1.4331. Supports at 1.3890 and 1.3741 zone. Key point 1.4395 Entry point 1.4229 Elliott 1.2456 Closing 1.4033 Projection 1.4530 Trendline 1.3821 Trendline 1.4284 Res 2 1.4630 Ex-High 1.4338 Res 1 1.4331 Pivot 1.4040 Sup 1 1.3741 Ex-Low 1.3748 Sup 2 1.3450 1.4391 1.4269 1.3874 1.3752   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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