RTFX TraderTip >> EUR-USD Analysis - Friday 21 August 2009

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RTFX TraderTip >> EUR-USD Analysis - 21 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 : common flat correction up 1.4327 Scenario for today One move lower to 1.4211 or 1.4169 is anticipated while below 1.4264 - 1.4285 area. Stop loss above 1.4317 zone. Key point 1.4309 Entry point 1.4261 Elliott 1.4045 Closing 1.4253 Projection 1.4327 Trendline 1.4176 Trendline 1.4317 Res 2 1.4317 Ex-High 1.4275 Res 1 1.4285 Pivot 1.4243 Sup 1 1.4211 Ex-Low 1.4201 Sup 2 1.4169 1.4266 1.4233 1.4126 1.4094   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4007 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 1.4189 Entry point 1.4228 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 1.4374 1.4301 1.4065 1.3992   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 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 1.4363 Entry point 1.4236 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 1.4510 1.4375 1.3939 1.3804   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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