RTFX TraderTip >> EUR-USD Analysis - Monday 03 August 2009

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RTFX TraderTip >> EUR-USD Analysis - 3 Aug 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 1.4374 Scenario for today Current rise seems to be over near 1.4265 or 1.4333 for a retracement towards 1.4198 - 1.4158 area. Key point 1.4332 Entry point 1.4173 Elliott 1.4007 Closing 1.4252 Projection 1.4488 Trendline 1.4051 Trendline 1.4119 Res 2 1.4413 Ex-High 1.4279 Res 1 1.4333 Pivot 1.4198 Sup 1 1.4118 Ex-Low 1.4064 Sup 2 1.3983 1.4284 1.4236 1.4082 1.4034   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat support in correction up 1.4176 Scenario for this week Corrective dips should ideally halt near 1.4129 or 1.4071 for one more thrust upwards towards 1.4278 - 1.4368 area or 1.4485 in extention. Fall below 1.3891 puts it back on a downward path. Key point 1.4348 Entry point 1.4157 Elliott 1.3833 Closing 1.4252 Projection 1.4574 Trendline 1.4175 Trendline 1.4175 Res 2 1.4485 Ex-High 1.4304 Res 1 1.4368 Pivot 1.4188 Sup 1 1.4071 Ex-Low 1.4007 Sup 2 1.3891 1.4384 1.4315 1.4092 1.4023   Warning: Low Zone - Engulfing pattern MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction up 1.4379 Scenario for this month Corrective dips should ideally halt near 1.4043 or 1.3955 for one more thrust upwards towards 1.4278 - 1.4426 area or 1.4601 in extention. Fall below 1.3659 puts it back on a downward path. Key point 1.4470 Entry point 1.4289 Elliott 1.2456 Closing 1.4252 Projection 1.4530 Trendline 1.4124 Trendline 1.4177 Res 2 1.4601 Ex-High 1.4304 Res 1 1.4426 Pivot 1.4130 Sup 1 1.3955 Ex-Low 1.3833 Sup 2 1.3659 1.4446 1.4337 1.3984 1.3875   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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