RTFX TraderTip >> EUR-USD Analysis - Wednesday 13 January 2010

[RTFX-Trading]

RTFX TraderTip >> EUR-USD Analysis - 13 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 : elongated flat correction up 1.4560 Scenario for today Preferred view is for a fall to 1.4469 - 1.4444 while 1.4516 - 1.4536 area resists. A clear break of 1.4588 would be bullish. Key point 1.4528 Entry point 1.4522 Elliott 1.4264 Closing 1.4485 Projection 1.4560 Trendline 1.4515 Trendline 1.4548 Res 2 1.4588 Ex-High 1.4546 Res 1 1.4536 Pivot 1.4495 Sup 1 1.4444 Ex-Low 1.4453 Sup 2 1.4402 1.4537 1.4499 1.4377 1.4340   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 1.4572 Scenario for this week It should try higher up to 1.4451 - 1.4515. Entry point 1.4386 or 1.4337. After this rise, a correction is expected. Key point 1.4560 Entry point 1.4372 Elliott 1.4218 Closing 1.4417 Projection 1.4572 Trendline 1.4368 Trendline 1.4368 Res 2 1.4613 Ex-High 1.4484 Res 1 1.4515 Pivot 1.4386 Sup 1 1.4288 Ex-Low 1.4257 Sup 2 1.4160 1.4578 1.4520 1.4333 1.4275   Warning: Engulfing pattern 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 1.3971 Entry point 1.4701 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 1.5038 1.4849 1.4238 1.4049   Warning: Low Zone Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.