RTFX TraderTip >> EUR-USD Analysis - Tuesday 01 September 2009

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RTFX TraderTip >> EUR-USD Analysis - 1 Sep 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 1.4236 Scenario for today It should be subject to more sell off towards 1.4270 or 1.4208. Corrective upward swings should face resistance around 1.4376 area. A break of 1.4430 is bullish. Key point 1.4347 Entry point 1.4350 Elliott 1.4406 Closing 1.4333 Projection 1.4283 Trendline 1.4363 Trendline 1.4346 Res 2 1.4430 Ex-High 1.4367 Res 1 1.4381 Pivot 1.4319 Sup 1 1.4270 Ex-Low 1.4256 Sup 2 1.4208 1.4412 1.4375 1.4254 1.4217   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.4418 Scenario for this week While below 1.4353 - 1.4402 it is more likely to fall further towards 1.4203 or 1.4105. Key point 1.4362 Entry point 1.4325 Elliott 1.4045 Closing 1.4300 Projection 1.4447 Trendline 1.4207 Trendline 1.4369 Res 2 1.4503 Ex-High 1.4406 Res 1 1.4402 Pivot 1.4304 Sup 1 1.4203 Ex-Low 1.4207 Sup 2 1.4105 1.4434 1.4386 1.4231 1.4183   MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat support in correction up 1.4228 Scenario for this month Currently uptrend should end around 1.4413 - 1.4505 area. A correction down to below 1.4103 is expected. A rise above 1.4677 will abort the expected correction. Key point 1.4529 Entry point 1.4419 Elliott 1.2456 Closing 1.4333 Projection 1.4530 Trendline 1.4236 Trendline 1.4363 Res 2 1.4677 Ex-High 1.4447 Res 1 1.4505 Pivot 1.4275 Sup 1 1.4103 Ex-Low 1.4045 Sup 2 1.3873 1.4533 1.4440 1.4139 1.4046   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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