RTFX TraderTip >> EUR-USD Analysis - Tuesday 14 July 2009

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RTFX TraderTip >> EUR-USD Analysis - 14 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 : common flat correction up 1.4050 Scenario for today Market should hold major support at 1.3912 before rising towards 1.4020 or even 1.4062 limit. Key point 1.4005 Entry point 1.3947 Elliott 1.3833 Closing 1.3977 Projection 1.4050 Trendline 1.3906 Trendline 1.3918 Res 2 1.4062 Ex-High 1.4001 Res 1 1.4020 Pivot 1.3958 Sup 1 1.3916 Ex-Low 1.3897 Sup 2 1.3854 1.4047 1.4009 1.3884 1.3845   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.3861 Scenario for this week One more dip to 1.3891 - 1.3830 is likely followed by a grind higher to 1.4010 - 1.4069. After which it can resume his downtrend. Key point 1.3901 Entry point 1.3954 Elliott 1.4201 Closing 1.3948 Projection 1.3748 Trendline 1.4072 Trendline 1.3943 Res 2 1.4190 Ex-High 1.4072 Res 1 1.4069 Pivot 1.3951 Sup 1 1.3830 Ex-Low 1.3833 Sup 2 1.3712 1.4089 1.4036 1.3865 1.3812   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 1.4177 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

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