RTFX TraderTip >> EUR-USD Analysis - Friday 22 January 2010

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RTFX TraderTip >> EUR-USD Analysis - 22 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 : extension wave down 1.3994 Scenario for today It may meet resistance in 1.4084 - 1.4085 zone for a drift down to 1.4027 zone, after which bounce to 1.4142 is anticipated. Key point 1.4046 Entry point 1.4064 Elliott 1.4579 Closing 1.4084 Projection 1.3873 Trendline 1.4160 Trendline 1.4071 Res 2 1.4200 Ex-High 1.4143 Res 1 1.4142 Pivot 1.4085 Sup 1 1.4027 Ex-Low 1.4029 Sup 2 1.3971 1.4311 1.4273 1.4150 1.4112   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extension wave down 1.3982 Scenario for this week There are initial signs of a good corrective recovery towards 1.4527 or even 1.4674. Supports at 1.4358 and 1.4284 zone. Key point 1.4249 Entry point 1.4414 Elliott 1.4579 Closing 1.4379 Projection 1.3859 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 1.4594 1.4497 1.4183 1.4086   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 1.3483 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 1.5089 1.4861 1.4123 1.3895   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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