RTFX TraderTip >> EUR-USD Analysis - Thursday 14 January 2010

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RTFX TraderTip >> EUR-USD Analysis - 14 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 : impulse wave up 1.4603 Scenario for today It looks more likely that it would rise to 1.4574 - 1.4638 from 1.4483 or 1.4451. After which a downside move is expected. Key point 1.4533 Entry point 1.4519 Elliott 1.4264 Closing 1.4510 Projection 1.4560 Trendline 1.4519 Trendline 1.4521 Res 2 1.4638 Ex-High 1.4579 Res 1 1.4574 Pivot 1.4515 Sup 1 1.4451 Ex-Low 1.4457 Sup 2 1.4393 1.4569 1.4532 1.4412 1.4375   Warning: End of trend WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 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 1.4790 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 1.4593 1.4532 1.4333 1.4272   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 1.4017 Entry point 1.4719 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 1.5054 1.4861 1.4238 1.4045   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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