RTFX TraderTip >> EUR-USD Analysis - Wednesday 06 January 2010

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RTFX TraderTip >> EUR-USD Analysis - 6 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 down 1.4274 Scenario for today It looks more likely that it would rise to 1.4451 - 1.4536 from 1.4356 or 1.4313. After which a downside move is expected. Key point 1.4316 Entry point 1.4400 Elliott 1.4484 Closing 1.4365 Projection 1.4257 Trendline 1.4346 Trendline 1.4436 Res 2 1.4536 Ex-High 1.4484 Res 1 1.4451 Pivot 1.4399 Sup 1 1.4313 Ex-Low 1.4346 Sup 2 1.4261 1.4493 1.4447 1.4300 1.4254   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.4204 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 1.4368 Entry point 1.4368 Elliott 1.4484 Closing 1.4348 Projection 1.4117 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 1.4535 1.4471 1.4265 1.4201   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 1.4154 Entry point 1.4647 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 1.4991 1.4813 1.4238 1.4060   Warning: Low Zone Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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