RTFX TraderTip >> EUR-USD Analysis - Tuesday 05 January 2010

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RTFX TraderTip >> EUR-USD Analysis - 5 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 : irregular flat correction up 1.4535 Scenario for today It should try higher up to 1.4435 - 1.4494. Entry point 1.4376 or 1.4336. After this rise, a correction is expected. Key point 1.4471 Entry point 1.4364 Elliott 1.4257 Closing 1.4414 Projection 1.4583 Trendline 1.4365 Trendline 1.4365 Res 2 1.4575 Ex-High 1.4456 Res 1 1.4494 Pivot 1.4376 Sup 1 1.4295 Ex-Low 1.4257 Sup 2 1.4177 1.4480 1.4435 1.4292 1.4247   Warning: Engulfing pattern WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4218 Scenario for this week While above 1.4311 - 1.4261 zone a corrective dip could test 1.4360 or 1.4446. After which it should resume his downtrend. Key point 1.4454 Entry point 1.4456 Elliott 1.4459 Closing 1.4348 Projection 1.4218 Trendline 1.4273 Trendline 1.4329 Res 2 1.4545 Ex-High 1.4459 Res 1 1.4446 Pivot 1.4360 Sup 1 1.4261 Ex-Low 1.4274 Sup 2 1.4175 1.4516 1.4457 1.4265 1.4206   MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There is bearish potential for a fall to 1.3996 while 1.4569 - 1.4745 resist. After this fall a recovery up to 1.4745 or 1.4920 is expected. Key point 1.4112 Entry point 1.4626 Elliott 1.5144 Closing 1.4348 Projection 1.4117 Trendline 1.5142 Trendline 1.5139 Res 2 1.5493 Ex-High 1.5142 Res 1 1.4920 Pivot 1.4569 Sup 1 1.3996 Ex-Low 1.4218 Sup 2 1.3645 1.4972 1.4799 1.4238 1.4065   Warning: Low Zone Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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