RTFX TraderTip >> EUR-USD Analysis - Thursday 26 November 2009

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RTFX TraderTip >> EUR-USD Analysis - 26 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 : impulse wave up 1.5200 Scenario for today Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5191 or 1.5200 if support around 1.5078 hold. After which a pullback to 1.5078 - 1.5045 zone is possible. Key point 1.5218 Entry point 1.5076 Elliott 1.4801 Closing 1.5134 Projection 1.5282 Trendline 1.4962 Trendline 1.5022 Res 2 1.5267 Ex-High 1.5144 Res 1 1.5200 Pivot 1.5078 Sup 1 1.5011 Ex-Low 1.4955 Sup 2 1.4889 1.5092 1.5050 1.4914 1.4872   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction up 1.5201 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 1.4879 Entry point 1.4840 Elliott 1.4801 Closing 1.4861 Projection 1.5201 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 1.5160 1.5080 1.4820 1.4740   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 1.5028 or even 1.5337. 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 1.5273 1.5103 1.4553 1.4383   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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