RTFX TraderTip >> EUR-USD Analysis - Wednesday 23 September 2009

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RTFX TraderTip >> EUR-USD Analysis - 23 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 : impulse wave up 1.4900 Scenario for today Current rise seems to be over near 1.4805 or 1.4849 for a retracement towards 1.4761 - 1.4730 area. Key point 1.4831 Entry point 1.4762 Elliott 1.4611 Closing 1.4789 Projection 1.4863 Trendline 1.4672 Trendline 1.4733 Res 2 1.4910 Ex-High 1.4821 Res 1 1.4849 Pivot 1.4761 Sup 1 1.4700 Ex-Low 1.4672 Sup 2 1.4612 1.4806 1.4775 1.4674 1.4643   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave up 1.4885 Scenario for this week One move lower to 1.4557 or 1.4411 is anticipated while below 1.4662 - 1.4735 area. Stop loss above 1.4808 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 1.4865 1.4794 1.4564 1.4493   Warning: End of trend 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 1.4796 1.4634 1.4111 1.3949   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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