RTFX TraderTip >> EUR-USD Analysis - Monday 28 December 2009

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RTFX TraderTip >> EUR-USD Analysis - 28 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 Should test support at 1.4314 while below 1.4356. If support at 1.4314 holds it can rise up to 1.4409, if not it should fall to below 1.4271 zone. Key point 1.4382 Entry point 1.4365 Elliott 1.4218 Closing 1.4356 Projection 1.4431 Trendline 1.4309 Trendline 1.4412 Res 2 1.4461 Ex-High 1.4418 Res 1 1.4409 Pivot 1.4366 Sup 1 1.4314 Ex-Low 1.4323 Sup 2 1.4271 1.4405 1.4374 1.4275 1.4245   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an impulse wave down 1.4508 Scenario for this week It looks set to visit further lower territory down to around 1.4298 - 1.4169. Its corrective attempts should fail ahead of 1.4298 - 1.4593. Stop loss above 1.4851 zone. Key point 1.4207 Entry point 1.4418 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 1.4661 1.4563 1.4245 1.4147   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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