RTFX TraderTip >> EUR-USD Analysis - Friday 31 July 2009

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RTFX TraderTip >> EUR-USD Analysis - 31 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 : correction zigzag 1.4155 Scenario for today Market should hold major support at 1.3984 before rising towards 1.4110 or even 1.4146 limit. Key point 1.4098 Entry point 1.4043 Elliott 1.4007 Closing 1.4075 Projection 1.4120 Trendline 1.4066 Trendline 1.3990 Res 2 1.4146 Ex-High 1.4095 Res 1 1.4110 Pivot 1.4060 Sup 1 1.4024 Ex-Low 1.4009 Sup 2 1.3974 1.4236 1.4198 1.4074 1.4036   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4007 Scenario for this week One move lower to 1.4113 or 1.4011 is anticipated while below 1.4253 - 1.4304 area. Stop loss above 1.4393 zone. Key point 1.4175 Entry point 1.4175 Elliott 1.4304 Closing 1.4215 Projection 1.3823 Trendline 1.4081 Trendline 1.4303 Res 2 1.4393 Ex-High 1.4291 Res 1 1.4304 Pivot 1.4202 Sup 1 1.4113 Ex-Low 1.4100 Sup 2 1.4011 1.4372 1.4297 1.4053 1.3978   MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 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 1.4485 1.4321 1.3791 1.3627   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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