RTFX TraderTip >> EUR-USD Analysis - Tuesday 01 December 2009

[RTFX-Trading]

RTFX TraderTip >> EUR-USD Analysis - 1 Dec 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 : flat correction up 1.5098 Scenario for today While below 1.5005 or 1.5018 it could fall towards below 1.4951 or 1.4897. After which a corrective/consolidation activity is expected to 1.5044 zone. Key point 1.5048 Entry point 1.5040 Elliott 1.4828 Closing 1.5005 Projection 1.5144 Trendline 1.4964 Trendline 1.5100 Res 2 1.5138 Ex-High 1.5084 Res 1 1.5071 Pivot 1.5018 Sup 1 1.4951 Ex-Low 1.4964 Sup 2 1.4897 1.5131 1.5085 1.4936 1.4890   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 1.5142 Scenario for this week Strength can extend to 1.5056 or even 1.5132 as declines are expected to find support at 1.4980 or 1.4898. Stop Loss below 1.4816 zone. Key point 1.5100 Entry point 1.4943 Elliott 1.4801 Closing 1.4968 Projection 1.5201 Trendline 1.4828 Trendline 1.4855 Res 2 1.5296 Ex-High 1.5144 Res 1 1.5132 Pivot 1.4980 Sup 1 1.4816 Ex-Low 1.4828 Sup 2 1.4664 1.5181 1.5114 1.4896 1.4829   Warning: End of trend MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in an impulse wave up 1.4833 Scenario for this month Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5197 or 1.5224 if support around 1.4925 hold. After which a pullback to 1.4925 - 1.4815 zone is possible. Key point 1.5144 Entry point 1.5006 Elliott 1.2456 Closing 1.5005 Projection 1.5323 Trendline 1.4815 Trendline 1.4897 Res 2 1.5443 Ex-High 1.5144 Res 1 1.5224 Pivot 1.4925 Sup 1 1.4706 Ex-Low 1.4626 Sup 2 1.4407 1.5259 1.5139 1.4751 1.4631   Warning: Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.