RTFX TraderTip >> EUR-USD Analysis - Monday 06 July 2009

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RTFX TraderTip >> EUR-USD Analysis - 6 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 down 1.3900 Scenario for today It may meet resistance in 1.3977 - 1.3978 zone for a drift down to 1.3927 zone, after which bounce to 1.4027 is anticipated. Key point 1.3926 Entry point 1.3953 Elliott 1.4201 Closing 1.3977 Projection 1.3848 Trendline 1.4036 Trendline 1.3902 Res 2 1.4078 Ex-High 1.4028 Res 1 1.4027 Pivot 1.3978 Sup 1 1.3927 Ex-Low 1.3928 Sup 2 1.3878 1.4149 1.4107 1.3974 1.3933   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.3861 Scenario for this week It looks more likely that it would rise to 1.4143 - 1.4308 from 1.3953 or 1.3870. After which a downside move is expected. Key point 1.3889 Entry point 1.4045 Elliott 1.4201 Closing 1.3977 Projection 1.3748 Trendline 1.3942 Trendline 1.4030 Res 2 1.4308 Ex-High 1.4201 Res 1 1.4143 Pivot 1.4035 Sup 1 1.3870 Ex-Low 1.3928 Sup 2 1.3762 1.4186 1.4123 1.3918 1.3855   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 1.4296 Entry point 1.4183 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 1.4402 1.4269 1.3838 1.3705   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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