RTFX TraderTip >> EUR-USD Analysis - Friday 07 August 2009

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RTFX TraderTip >> EUR-USD Analysis - 7 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 : correction zigzag 1.4279 Scenario for today Market should not go lower than 1.4337 - 1.4306. After this move down it should go up to 1.4388 - 1.4408 area. Key point 1.4310 Entry point 1.4378 Elliott 1.4447 Closing 1.4345 Projection 1.4279 Trendline 1.4431 Trendline 1.4415 Res 2 1.4470 Ex-High 1.4431 Res 1 1.4408 Pivot 1.4368 Sup 1 1.4306 Ex-Low 1.4329 Sup 2 1.4266 1.4459 1.4425 1.4316 1.4282   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 1.4466 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 1.4405 Entry point 1.4175 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 1.4458 1.4375 1.4106 1.4023   Warning: Low Zone - Engulfing pattern MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 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 1.4579 Entry point 1.4332 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 1.4485 1.4375 1.4020 1.3910   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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