RTFX TraderTip >> EUR-USD Analysis - Thursday 28 January 2010

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RTFX TraderTip >> EUR-USD Analysis - 28 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 down 1.3946 Scenario for today Current fall is near an end of wave around 1.3979 zone, a rally should then procede to above 1.4083. Fall below 1.3935 would cancel this scenario. Key point 1.3985 Entry point 1.4033 Elliott 1.4194 Closing 1.4024 Projection 1.3926 Trendline 1.4110 Trendline 1.4014 Res 2 1.4141 Ex-High 1.4097 Res 1 1.4083 Pivot 1.4038 Sup 1 1.3979 Ex-Low 1.3994 Sup 2 1.3935 1.4170 1.4140 1.4046 1.4017   Warning: End of trend - Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extension wave down 1.3982 Scenario for this week It is likely to fall to 1.3809 while 1.4195 - 1.4277 area offer resistance. Above 1.4580 the outlook could turn bullish. Key point 1.3974 Entry point 1.4167 Elliott 1.4579 Closing 1.4140 Projection 1.3859 Trendline 1.4414 Trendline 1.4249 Res 2 1.4580 Ex-High 1.4414 Res 1 1.4360 Pivot 1.4195 Sup 1 1.3975 Ex-Low 1.4029 Sup 2 1.3809 1.4395 1.4304 1.4011 1.3920   Warning: End of trend - Imminent end of bearish move 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 1.5094 1.4861 1.4106 1.3873   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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