RTFX TraderTip >> EUR-USD Analysis - Thursday 24 December 2009

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RTFX TraderTip >> EUR-USD Analysis - 24 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 : correction zigzag 1.4431 Scenario for today Current rise seems to be over near 1.4352 or 1.4391 for a retracement towards 1.4313 - 1.4286 area. Key point 1.4374 Entry point 1.4295 Elliott 1.4218 Closing 1.4337 Projection 1.4431 Trendline 1.4234 Trendline 1.4251 Res 2 1.4445 Ex-High 1.4367 Res 1 1.4391 Pivot 1.4313 Sup 1 1.4259 Ex-Low 1.4234 Sup 2 1.4181 1.4406 1.4371 1.4257 1.4222   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an impulse wave down 1.4377 Scenario for this week Market should not go lower than 1.4077. After this move down it should go up to 1.4593 area. Key point 1.4117 Entry point 1.4376 Elliott 1.5144 Closing 1.4335 Projection 1.4084 Trendline 1.4679 Trendline 1.4458 Res 2 1.4851 Ex-High 1.4686 Res 1 1.4593 Pivot 1.4427 Sup 1 1.4169 Ex-Low 1.4262 Sup 2 1.4004 1.4618 1.4529 1.4240 1.4151   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in a triangle 1.5144 Scenario for this month Current upmove should end around 1.5197 - 1.5224 area. A correction down to 1.4706 or even 1.4407 is expected. A rise above 1.5443 will abort the expected correction. Key point 1.5139 Entry point 1.5142 Elliott 1.5144 Closing 1.5005 Projection 1.4117 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 1.5366 1.5143 1.4422 1.4199   Warning: End of trend - Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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