RTFX TraderTip >> EUR-USD Analysis - Thursday 24 September 2009

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RTFX TraderTip >> EUR-USD Analysis - 24 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 1.4645 Scenario for today There are initial signs of a good corrective recovery towards 1.4790 or even 1.4810. Supports at 1.4731 and 1.4693 zone. Key point 1.4682 Entry point 1.4763 Elliott 1.4845 Closing 1.4734 Projection 1.4700 Trendline 1.4745 Trendline 1.4787 Res 2 1.4886 Ex-High 1.4845 Res 1 1.4810 Pivot 1.4769 Sup 1 1.4693 Ex-Low 1.4728 Sup 2 1.4652 1.4811 1.4778 1.4673 1.4640   Warning: End of trend 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 1.4735 - 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 1.4881 1.4806 1.4564 1.4489   Warning: End of trend 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 1.4811 1.4646 1.4111 1.3946   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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