RTFX TraderTip >> EUR-USD Analysis - Monday 28 September 2009

[RTFX-Trading]

RTFX TraderTip >> EUR-USD Analysis - 28 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 1.4611 Scenario for today Market should not go lower than 1.4641 - 1.4614. After this move down it should go up to 1.4725 - 1.4780 area. Key point 1.4647 Entry point 1.4666 Elliott 1.4845 Closing 1.4669 Projection 1.4611 Trendline 1.4724 Trendline 1.4665 Res 2 1.4780 Ex-High 1.4725 Res 1 1.4725 Pivot 1.4669 Sup 1 1.4614 Ex-Low 1.4614 Sup 2 1.4558 1.4816 1.4778 1.4657 1.4619   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 1.4590 Scenario for this week Preferred view is for a fall to 1.4640 - 1.4572 while 1.4757 - 1.4806 area resists. A clear break of 1.4942 would be bullish. Key point 1.4610 Entry point 1.4727 Elliott 1.4845 Closing 1.4669 Projection 1.4590 Trendline 1.4692 Trendline 1.4766 Res 2 1.4942 Ex-High 1.4845 Res 1 1.4806 Pivot 1.4708 Sup 1 1.4572 Ex-Low 1.4611 Sup 2 1.4474 1.4840 1.4786 1.4611 1.4557   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

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.