RTFX TraderTip >> EUR-USD Analysis - Thursday 15 October 2009

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RTFX TraderTip >> EUR-USD Analysis - 15 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 1.4995 Scenario for today Current rise should end around 1.4968. Objectives of this downmove are 1.4861 or 1.4797. A rise above 1.5011 is again bullish. Key point 1.4973 Entry point 1.4918 Elliott 1.4673 Closing 1.4926 Projection 1.4995 Trendline 1.4843 Trendline 1.4920 Res 2 1.5011 Ex-High 1.4946 Res 1 1.4968 Pivot 1.4904 Sup 1 1.4861 Ex-Low 1.4839 Sup 2 1.4797 1.4910 1.4877 1.4770 1.4737   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 1.4984 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 1.5071 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 1.4959 1.4881 1.4629 1.4551   Warning: Low Zone 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 1.5072 1.4896 1.4328 1.4152   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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