RTFX TraderTip >> EUR-USD Analysis - Tuesday 27 October 2009

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RTFX TraderTip >> EUR-USD Analysis - 27 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 1.4773 Scenario for today Market should not go lower than 1.4857 - 1.4788. After this move down it should go up to 1.4966 - 1.5007 area. Key point 1.4784 Entry point 1.4924 Elliott 1.5063 Closing 1.4869 Projection 1.4683 Trendline 1.4988 Trendline 1.4988 Res 2 1.5144 Ex-High 1.5063 Res 1 1.5007 Pivot 1.4925 Sup 1 1.4788 Ex-Low 1.4844 Sup 2 1.4706 1.5067 1.5026 1.4895 1.4855   Warning: Low Zone - Engulfing pattern WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction up 1.5071 Scenario for this week Current rise should end around 1.5094. Objectives of this downmove are 1.4862 or 1.4729. A rise above 1.5193 is again bullish. Key point 1.4935 Entry point 1.4925 Elliott 1.4480 Closing 1.4995 Projection 1.5071 Trendline 1.4843 Trendline 1.4979 Res 2 1.5193 Ex-High 1.5060 Res 1 1.5094 Pivot 1.4961 Sup 1 1.4862 Ex-Low 1.4828 Sup 2 1.4729 1.5131 1.5061 1.4836 1.4766   Warning: End of trend - Imminent end of bullish move 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 1.5147 1.4954 1.4328 1.4135   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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