RTFX TraderTip >> EUR-USD Analysis - Friday 14 August 2009

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RTFX TraderTip >> EUR-USD Analysis - 14 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 : flat correction up 1.4394 Scenario for today Current rise should end around 1.4352. Objectives of this downmove are 1.4206 or 1.4121. A rise above 1.4413 is again bullish. Key point 1.4340 Entry point 1.4284 Elliott 1.4086 Closing 1.4292 Projection 1.4447 Trendline 1.4181 Trendline 1.4276 Res 2 1.4413 Ex-High 1.4327 Res 1 1.4352 Pivot 1.4267 Sup 1 1.4206 Ex-Low 1.4181 Sup 2 1.4121 1.4297 1.4261 1.4147 1.4112   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4039 Scenario for this week It looks more likely that it would rise to 1.4361 - 1.4550 from 1.4162 or 1.4068. After which a downside move is expected. Key point 1.4207 Entry point 1.4327 Elliott 1.4447 Closing 1.4171 Projection 1.4007 Trendline 1.4142 Trendline 1.4301 Res 2 1.4550 Ex-High 1.4447 Res 1 1.4361 Pivot 1.4257 Sup 1 1.4068 Ex-Low 1.4154 Sup 2 1.3964 1.4470 1.4387 1.4120 1.4037   MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 1.4041 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 1.4412 Entry point 1.4260 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 1.4505 1.4376 1.3959 1.3830   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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