RTFX TraderTip >> EUR-USD Analysis - Tuesday 22 September 2009

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RTFX TraderTip >> EUR-USD Analysis - 22 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 Market should hold major support at 1.4588 before rising towards 1.4724 or even 1.4770 limit. Key point 1.4696 Entry point 1.4689 Elliott 1.4767 Closing 1.4679 Projection 1.4612 Trendline 1.4712 Trendline 1.4686 Res 2 1.4770 Ex-High 1.4713 Res 1 1.4724 Pivot 1.4668 Sup 1 1.4622 Ex-Low 1.4611 Sup 2 1.4566 1.4760 1.4734 1.4648 1.4622   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave up 1.4764 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 1.4766 Entry point 1.4692 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 1.4794 1.4740 1.4564 1.4510   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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