RTFX TraderTip >> EUR-USD Analysis - Monday 23 November 2009

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RTFX TraderTip >> EUR-USD Analysis - 23 Nov 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 1.4775 Scenario for today One more dip to 1.4831 - 1.4796 is likely followed by a grind higher to 1.4898 - 1.4930. After which it can resume its downtrend. Key point 1.4859 Entry point 1.4895 Elliott 1.5016 Closing 1.4861 Projection 1.4821 Trendline 1.4934 Trendline 1.4904 Res 2 1.5000 Ex-High 1.4935 Res 1 1.4930 Pivot 1.4866 Sup 1 1.4796 Ex-Low 1.4801 Sup 2 1.4732 1.4997 1.4957 1.4828 1.4788   Warning: End of trend WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4787 Scenario for this week It looks more likely that it would rise to 1.4984 - 1.5108 from 1.4831 or 1.4769. After which a downside move is expected. Key point 1.4813 Entry point 1.4924 Elliott 1.5048 Closing 1.4861 Projection 1.4787 Trendline 1.5016 Trendline 1.4984 Res 2 1.5108 Ex-High 1.5016 Res 1 1.4984 Pivot 1.4893 Sup 1 1.4769 Ex-Low 1.4801 Sup 2 1.4678 1.5015 1.4965 1.4804 1.4754   Warning: Low Zone MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There are initial signs of a good corrective recovery towards 1.4891 or even 1.5028. Supports at 1.4599 and 1.4445 zone. Key point 1.4897 Entry point 1.4815 Elliott 1.2456 Closing 1.4719 Projection 1.5323 Trendline 1.4596 Trendline 1.4783 Res 2 1.5337 Ex-High 1.5063 Res 1 1.5028 Pivot 1.4754 Sup 1 1.4445 Ex-Low 1.4480 Sup 2 1.4171 1.5211 1.5056 1.4553 1.4398   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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