RTFX TraderTip >> EUR-USD Analysis - Thursday 18 February 2010

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RTFX TraderTip >> EUR-USD Analysis - 18 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 : flat correction down 1.3532 Scenario for today It looks more likely that it would rise to 1.3736 - 1.3864 from 1.3596 or 1.3532. After which a downside move is expected. Key point 1.3529 Entry point 1.3659 Elliott 1.3789 Closing 1.3608 Projection 1.3532 Trendline 1.3685 Trendline 1.3685 Res 2 1.3864 Ex-High 1.3789 Res 1 1.3736 Pivot 1.3661 Sup 1 1.3532 Ex-Low 1.3585 Sup 2 1.3457 1.3755 1.3711 1.3568 1.3524   Warning: Engulfing pattern WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Market should not go lower than 1.3574 - 1.3486. After this move down it should go up to 1.3728 - 1.3794 area. Key point 1.3670 Entry point 1.3661 Elliott 1.4579 Closing 1.3617 Projection 1.3215 Trendline 1.3771 Trendline 1.3652 Res 2 1.3971 Ex-High 1.3839 Res 1 1.3794 Pivot 1.3663 Sup 1 1.3486 Ex-Low 1.3532 Sup 2 1.3355 1.3894 1.3814 1.3556 1.3476   Warning: End of trend MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.3483 Scenario for this month Market should not go lower than 1.3495. After this move down it should go up to 1.4341 area. Key point 1.3474 Entry point 1.4023 Elliott 1.5144 Closing 1.3864 Projection 1.3483 Trendline 1.4719 Trendline 1.4297 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 1.4490 1.4303 1.3697 1.3510   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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