RTFX TraderTip >> EUR-USD Analysis - Monday 14 September 2009

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RTFX TraderTip >> EUR-USD Analysis - 14 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 1.4674 Scenario for today It looks more likely that it would rise to 1.4628 - 1.4673 from 1.4568 or 1.4545. After which a downside move is expected. Key point 1.4623 Entry point 1.4618 Elliott 1.4192 Closing 1.4582 Projection 1.4674 Trendline 1.4595 Trendline 1.4628 Res 2 1.4673 Ex-High 1.4636 Res 1 1.4628 Pivot 1.4590 Sup 1 1.4545 Ex-Low 1.4553 Sup 2 1.4507 1.4633 1.4597 1.4482 1.4447   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : impulse wave up 1.4689 Scenario for this week Current rise seems to be over near 1.4609 or 1.4712 for a retracement towards 1.4506 - 1.4442 area. Key point 1.4695 Entry point 1.4511 Elliott 1.4177 Closing 1.4582 Projection 1.4689 Trendline 1.4301 Trendline 1.4425 Res 2 1.4841 Ex-High 1.4636 Res 1 1.4712 Pivot 1.4506 Sup 1 1.4377 Ex-Low 1.4301 Sup 2 1.4171 1.4729 1.4651 1.4400 1.4322   Warning: Imminent end of bullish move MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4413 or 1.4505 if support around 1.4275 hold. After which a pullback to 1.4275 - 1.4189 zone is possible. 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 1.4674 1.4541 1.4111 1.3978   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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