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

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RTFX TraderTip >> EUR-USD 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-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4086 Scenario for today There is bearish potential for a fall to 1.4131 while 1.4218 - 1.4248 resist. After this fall a recovery up to 1.4248 or 1.4277 is expected. Key point 1.4145 Entry point 1.4235 Elliott 1.4327 Closing 1.4189 Projection 1.4086 Trendline 1.4306 Trendline 1.4285 Res 2 1.4364 Ex-High 1.4306 Res 1 1.4277 Pivot 1.4218 Sup 1 1.4131 Ex-Low 1.4160 Sup 2 1.4072 1.4295 1.4258 1.4138 1.4101   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4071 Scenario for this week There is bearish potential for a fall to 1.4074 while 1.4201 - 1.4258 resist. After this fall a recovery up to 1.4258 or 1.4315 is expected. Key point 1.4172 Entry point 1.4209 Elliott 1.4447 Closing 1.4189 Projection 1.4007 Trendline 1.4327 Trendline 1.4207 Res 2 1.4442 Ex-High 1.4327 Res 1 1.4315 Pivot 1.4201 Sup 1 1.4074 Ex-Low 1.4086 Sup 2 1.3960 1.4344 1.4288 1.4107 1.4051   Warning: Low Zone MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 1.4041 Scenario for this month It should be subject to more sell off towards 1.4043 or 1.3955. Corrective upward swings should face resistance around 1.4655 area. A break of 1.4601 is bullish. 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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