RTFX TraderTip >> EUR-USD Analysis - Tuesday 13 October 2009

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RTFX TraderTip >> EUR-USD Analysis - 13 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 up 1.4872 Scenario for today It looks set for gains to 1.4832. Supports at 1.4725 and 1.4696. A break of 1.4618 will damage this bullish structure. Key point 1.4801 Entry point 1.4725 Elliott 1.4673 Closing 1.4773 Projection 1.4817 Trendline 1.4677 Trendline 1.4681 Res 2 1.4890 Ex-High 1.4813 Res 1 1.4832 Pivot 1.4754 Sup 1 1.4696 Ex-Low 1.4677 Sup 2 1.4618 1.4828 1.4794 1.4684 1.4650   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.4845 Scenario for this week Current upmove should be ended around 1.4763 - 1.4824. Any correction consolidation should find support in 1.4645 - 1.4588 zone. Key point 1.4776 Entry point 1.4703 Elliott 1.4480 Closing 1.4709 Projection 1.4845 Trendline 1.4581 Trendline 1.4682 Res 2 1.4938 Ex-High 1.4817 Res 1 1.4824 Pivot 1.4702 Sup 1 1.4588 Ex-Low 1.4581 Sup 2 1.4466 1.4872 1.4815 1.4629 1.4572   Warning: Low Zone 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: 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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