RTFX TraderTip >> EUR-GBP Analysis - Monday 17 August 2009

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RTFX TraderTip >> EUR-GBP Analysis - 17 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-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.8531 Scenario for today It looks more likely that it would rise to 0.8630 - 0.8677 from 0.8583 or 0.8559. After which a downside move is expected. Key point 0.8548 Entry point 0.8601 Elliott 0.8653 Closing 0.8583 Projection 0.8531 Trendline 0.8600 Trendline 0.8605 Res 2 0.8677 Ex-High 0.8653 Res 1 0.8630 Pivot 0.8606 Sup 1 0.8559 Ex-Low 0.8582 Sup 2 0.8535 0.8637 0.8622 0.8572 0.8556   WEEKLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 0.8663 Scenario for this week Strength can extend to 0.8618 or even 0.8660 as declines are expected to find support at 0.8576 or 0.8537. Stop Loss below 0.8499 zone. Key point 0.8593 Entry point 0.8549 Elliott 0.8455 Closing 0.8583 Projection 0.8699 Trendline 0.8492 Trendline 0.8529 Res 2 0.8737 Ex-High 0.8653 Res 1 0.8660 Pivot 0.8576 Sup 1 0.8499 Ex-Low 0.8492 Sup 2 0.8415 0.8675 0.8638 0.8517 0.8480   MONTHLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 0.8435 Scenario for this month No comment! Key point 0.8525 Entry point 0.8511 Elliott 0.9500 Closing 0.8532 Projection 0.8105 Trendline 0.8604 Trendline 0.8530 Res 2 0.8774 Ex-High 0.8699 Res 1 0.8653 Pivot 0.8578 Sup 1 0.8457 Ex-Low 0.8503 Sup 2 0.8382 0.8737 0.8676 0.8479 0.8418   Warning: Low Zone - Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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