RTFX TraderTip >> EUR-USD Analysis - Wednesday 09 September 2009

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RTFX TraderTip >> EUR-USD Analysis - 9 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 : extended impulse wave up 1.4592 Scenario for today Current upmove should be ended around 1.4507 - 1.4566. Any correction consolidation should find support in 1.4404 - 1.4360 zone. Key point 1.4526 Entry point 1.4440 Elliott 1.4192 Closing 1.4479 Projection 1.4541 Trendline 1.4376 Trendline 1.4397 Res 2 1.4654 Ex-High 1.4535 Res 1 1.4566 Pivot 1.4448 Sup 1 1.4360 Ex-Low 1.4329 Sup 2 1.4242 1.4459 1.4421 1.4297 1.4259   Warning: End of trend - Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : impulse wave up 1.4602 Scenario for this week It should trade higher to above 1.4395 while 1.4240 - 1.4194 offer support. Stop Loss below 1.4085 zone. Key point 1.4425 Entry point 1.4301 Elliott 1.4177 Closing 1.4303 Projection 1.4548 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 1.4523 1.4456 1.4239 1.4172   MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Uptrend is still intact. It should continue to rally to 1.4390 or 1.4505 if supports at 1.4275 area hold. Then we anticipate a pullback to 1.4275 - 1.4189 zone. Key point 1.4464 Entry point 1.4387 Elliott 1.2456 Closing 1.4333 Projection 1.5323 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 1.4608 1.4491 1.4111 1.3994   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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