RTFX TraderTip >> EUR-USD Analysis - Wednesday 25 November 2009

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RTFX TraderTip >> EUR-USD Analysis - 25 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 up 1.5067 Scenario for today Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4985 or 1.5009 if support around 1.4948 hold. After which a pullback to 1.4948 - 1.4928 zone is possible. Key point 1.4997 Entry point 1.4953 Elliott 1.4801 Closing 1.4968 Projection 1.5016 Trendline 1.4895 Trendline 1.4936 Res 2 1.5049 Ex-High 1.4989 Res 1 1.5009 Pivot 1.4948 Sup 1 1.4908 Ex-Low 1.4888 Sup 2 1.4847 1.5012 1.4976 1.4863 1.4828   Warning: Harami 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 1.4974 Entry point 1.4987 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 1.5065 1.5007 1.4820 1.4762   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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