RTFX TraderTip >> EUR-USD Analysis - Friday 10 July 2009

[RTFX-Trading]

RTFX TraderTip >> EUR-USD Analysis - 10 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 1.4133 Scenario for today Current rise seems to be over near 1.4045 or 1.4108 for a retracement towards 1.3983 - 1.3939 area. Key point 1.4073 Entry point 1.3952 Elliott 1.3833 Closing 1.4019 Projection 1.4184 Trendline 1.3859 Trendline 1.3885 Res 2 1.4196 Ex-High 1.4072 Res 1 1.4108 Pivot 1.3983 Sup 1 1.3895 Ex-Low 1.3859 Sup 2 1.3770 1.4069 1.4026 1.3888 1.3845   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.3781 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 1.3943 Entry point 1.4072 Elliott 1.4201 Closing 1.3977 Projection 1.3748 Trendline 1.3941 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 1.4215 1.4136 1.3880 1.3801   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 1.4177 Entry point 1.4124 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 1.4417 1.4269 1.3790 1.3642   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.