RTFX TraderTip >> EUR-USD Analysis - Monday 21 September 2009

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RTFX TraderTip >> EUR-USD Analysis - 21 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 1.4612 Scenario for today It may attempt a test higher to 1.4725 - after which weakness may set it to a drift down to 1.4651 limit. Key point 1.4708 Entry point 1.4724 Elliott 1.4767 Closing 1.4703 Projection 1.4671 Trendline 1.4748 Trendline 1.4729 Res 2 1.4800 Ex-High 1.4748 Res 1 1.4752 Pivot 1.4699 Sup 1 1.4651 Ex-Low 1.4647 Sup 2 1.4598 1.4761 1.4733 1.4643 1.4615   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in an impulse wave up 1.4602 Scenario for this week One move lower to 1.4557 or 1.4411 is anticipated while below 1.4735 - 1.4808 area. Stop loss above 1.4913 zone. Key point 1.4810 Entry point 1.4712 Elliott 1.4177 Closing 1.4703 Projection 1.4885 Trendline 1.4524 Trendline 1.4731 Res 2 1.4913 Ex-High 1.4767 Res 1 1.4808 Pivot 1.4662 Sup 1 1.4557 Ex-Low 1.4516 Sup 2 1.4411 1.4824 1.4766 1.4578 1.4520   Warning: End of trend - Imminent end of bullish move MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : impulse wave up 1.4833 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 1.4760 1.4607 1.4111 1.3958   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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