RTFX TraderTip >> EUR-USD Analysis - Monday 04 January 2010

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RTFX TraderTip >> EUR-USD Analysis - 4 Jan 2010 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 1.4445 Scenario for today It is a triangle configuration. Market should break either side. Acceleration should occur above 1.4440 or under 1.4306 limits. Key point 1.4335 Entry point 1.4329 Elliott 1.4274 Closing 1.4348 Projection 1.4388 Trendline 1.4306 Trendline 1.4339 Res 2 1.4499 Ex-High 1.4440 Res 1 1.4423 Pivot 1.4365 Sup 1 1.4289 Ex-Low 1.4306 Sup 2 1.4231 1.4440 1.4411 1.4316 1.4287   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave down 1.4265 Scenario for this week It should try higher up to 1.4387 - 1.4444. Entry point 1.4331 or 1.4287. After this rise, a correction is expected. Key point 1.4259 Entry point 1.4266 Elliott 1.5144 Closing 1.4356 Projection 1.4084 Trendline 1.4404 Trendline 1.4237 Res 2 1.4531 Ex-High 1.4418 Res 1 1.4444 Pivot 1.4331 Sup 1 1.4243 Ex-Low 1.4218 Sup 2 1.4130 1.4458 1.4412 1.4262 1.4216   Warning: End of trend 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: 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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