RTFX TraderTip >> EUR-USD Analysis - Monday 05 October 2009

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RTFX TraderTip >> EUR-USD Analysis - 5 Oct 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 : irregular flat correction down 1.4471 Scenario for today If market stays below 1.4609 a fall to 1.4485 is expected. If market breaks the point 1.4653 it could reach the sky. Key point 1.4578 Entry point 1.4616 Elliott 1.4674 Closing 1.4571 Projection 1.4527 Trendline 1.4650 Trendline 1.4635 Res 2 1.4734 Ex-High 1.4648 Res 1 1.4653 Pivot 1.4566 Sup 1 1.4485 Ex-Low 1.4480 Sup 2 1.4398 1.4688 1.4650 1.4526 1.4487   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week One more dip to 1.4526 - 1.4460 is likely followed by a grind higher to 1.4646 - 1.4701. After which it can resume his downtrend. Key point 1.4541 Entry point 1.4592 Elliott 1.4845 Closing 1.4571 Projection 1.4432 Trendline 1.4721 Trendline 1.4597 Res 2 1.4832 Ex-High 1.4721 Res 1 1.4701 Pivot 1.4591 Sup 1 1.4460 Ex-Low 1.4480 Sup 2 1.4350 1.4732 1.4676 1.4495 1.4439   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 1.4846 or 1.4933 if support around 1.4555 hold. After which a pullback to 1.4555 - 1.4410 zone is possible. Key point 1.4783 Entry point 1.4596 Elliott 1.2456 Closing 1.4643 Projection 1.5323 Trendline 1.4387 Trendline 1.4464 Res 2 1.5223 Ex-High 1.4845 Res 1 1.4933 Pivot 1.4555 Sup 1 1.4265 Ex-Low 1.4177 Sup 2 1.3887 1.4888 1.4756 1.4328 1.4196   Warning: Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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