RTFX TraderTip >> EUR-USD Analysis - Monday 07 September 2009

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RTFX TraderTip >> EUR-USD Analysis - 7 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 : irregular flat correction up 1.4408 Scenario for today It should trade higher to 1.4356 while 1.4247 or 1.4221 offers support. Stop loss below 1.4139 zone. Key point 1.4346 Entry point 1.4269 Elliott 1.4192 Closing 1.4303 Projection 1.4348 Trendline 1.4327 Trendline 1.4306 Res 2 1.4409 Ex-High 1.4327 Res 1 1.4356 Pivot 1.4274 Sup 1 1.4221 Ex-Low 1.4192 Sup 2 1.4139 1.4375 1.4337 1.4213 1.4174   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4183 Scenario for this week It may attempt a test higher to 1.4340 - after which weakness may set it to a drift down to 1.4194 limit. Key point 1.4327 Entry point 1.4345 Elliott 1.4406 Closing 1.4303 Projection 1.4183 Trendline 1.4378 Trendline 1.4350 Res 2 1.4487 Ex-High 1.4378 Res 1 1.4395 Pivot 1.4286 Sup 1 1.4194 Ex-Low 1.4177 Sup 2 1.4085 1.4413 1.4366 1.4215 1.4168   MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction up 1.4379 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 1.4464 Entry point 1.4387 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 1.4505 1.4412 1.4111 1.4018   Warning: Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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