RTFX TraderTip >> EUR-USD Analysis - Friday 15 January 2010

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RTFX TraderTip >> EUR-USD Analysis - 15 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 : correction zigzag 1.4422 Scenario for today It is a triangle configuration . Market should break either side. Acceleration should occur above 1.4556 or under 1.4446 limits. Key point 1.4502 Entry point 1.4523 Elliott 1.4579 Closing 1.4500 Projection 1.4459 Trendline 1.4556 Trendline 1.4532 Res 2 1.4611 Ex-High 1.4556 Res 1 1.4556 Pivot 1.4501 Sup 1 1.4446 Ex-Low 1.4446 Sup 2 1.4391 1.4586 1.4553 1.4448 1.4415   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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