RTFX TraderTip >> EUR-USD Analysis - Monday 18 January 2010

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RTFX TraderTip >> EUR-USD Analysis - 18 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 1.4287 Scenario for today It looks set to visit further lower territory down to around 1.4358 - 1.4307. Its corrective attempts should fail ahead of 1.4358 - 1.4482. Stop loss above 1.4584 zone. Key point 1.4334 Entry point 1.4430 Elliott 1.4579 Closing 1.4379 Projection 1.4264 Trendline 1.4511 Trendline 1.4478 Res 2 1.4584 Ex-High 1.4512 Res 1 1.4482 Pivot 1.4409 Sup 1 1.4307 Ex-Low 1.4337 Sup 2 1.4235 1.4560 1.4523 1.4406 1.4370   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4257 Scenario for this week There are initial signs of a good corrective recovery towards 1.4479 or even 1.4527. Supports at 1.4358 and 1.4284 zone. Key point 1.4301 Entry point 1.4440 Elliott 1.4579 Closing 1.4379 Projection 1.4257 Trendline 1.4324 Trendline 1.4417 Res 2 1.4674 Ex-High 1.4579 Res 1 1.4527 Pivot 1.4432 Sup 1 1.4284 Ex-Low 1.4337 Sup 2 1.4190 1.4566 1.4510 1.4328 1.4272   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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