RTFX TraderTip >> EUR-USD Analysis - Monday 01 February 2010

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RTFX TraderTip >> EUR-USD Analysis - 1 Feb 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 : extended impulse wave down 1.3770 Scenario for today Market should not go lower than 1.3808. After this move down it should go up to 1.3946 area. Key point 1.3835 Entry point 1.3891 Elliott 1.4194 Closing 1.3864 Projection 1.3824 Trendline 1.3976 Trendline 1.3936 Res 2 1.4029 Ex-High 1.3987 Res 1 1.3946 Pivot 1.3905 Sup 1 1.3822 Ex-Low 1.3863 Sup 2 1.3780 1.4076 1.4042 1.3934 1.3900   Warning: End of trend - Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave down 1.3754 Scenario for this week Market should not go lower than 1.3665. After this move down it should go up to 1.4084 area. Key point 1.3713 Entry point 1.3901 Elliott 1.4579 Closing 1.3864 Projection 1.3584 Trendline 1.4167 Trendline 1.3974 Res 2 1.4305 Ex-High 1.4194 Res 1 1.4084 Pivot 1.3974 Sup 1 1.3753 Ex-Low 1.3863 Sup 2 1.3642 1.4148 1.4071 1.3822 1.3745   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 Support at 1.3863 or 1.3624 should hold the downside for a correction to above 1.4341 zone. Key point 1.3494 Entry point 1.4034 Elliott 1.5144 Closing 1.3864 Projection 1.3483 Trendline 1.4719 Trendline 1.4017 Res 2 1.4819 Ex-High 1.4579 Res 1 1.4341 Pivot 1.4102 Sup 1 1.3624 Ex-Low 1.3863 Sup 2 1.3385 1.4477 1.4311 1.3774 1.3608   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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