RTFX TraderTip >> EUR-USD Analysis - Friday 09 October 2009

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RTFX TraderTip >> EUR-USD Analysis - 9 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 : impulse wave up 1.4840 Scenario for today Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4823 or 1.4847 if support around 1.4765 hold. After which a pullback to 1.4765 - 1.4739 zone is possible. Key point 1.4841 Entry point 1.4770 Elliott 1.4480 Closing 1.4795 Projection 1.4914 Trendline 1.4712 Trendline 1.4732 Res 2 1.4900 Ex-High 1.4817 Res 1 1.4847 Pivot 1.4765 Sup 1 1.4712 Ex-Low 1.4682 Sup 2 1.4630 1.4793 1.4763 1.4664 1.4634   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.4845 Scenario for this week Structure is bearish to 1.4526 or 1.4460 limit but slowing momentum suggests a correction first to 1.4646 or 1.4832 zone. Key point 1.4682 Entry point 1.4581 Elliott 1.4480 Closing 1.4571 Projection 1.4845 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 1.4843 1.4769 1.4530 1.4456   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 1.4846 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 1.4986 1.4831 1.4328 1.4173   Warning: End of trend - 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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