RTFX TraderTip >> EUR-USD Analysis - Tuesday 23 February 2010

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RTFX TraderTip >> EUR-USD Analysis - 23 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 : zigzag or flat correction 1.3657 Scenario for today Resistances lie around 1.3625 and 1.3641. It should test lower towards 1.3562 zone. A clear break of 1.3558 would be bearish. Key point 1.3642 Entry point 1.3641 Elliott 1.3443 Closing 1.3595 Projection 1.3657 Trendline 1.3574 Trendline 1.3705 Res 2 1.3687 Ex-High 1.3654 Res 1 1.3641 Pivot 1.3608 Sup 1 1.3562 Ex-Low 1.3574 Sup 2 1.3528 1.3704 1.3664 1.3535 1.3495   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week No comment! Key point 1.3530 Entry point 1.3578 Elliott 1.4579 Closing 1.3594 Projection 1.3215 Trendline 1.3661 Trendline 1.3670 Res 2 1.3954 Ex-High 1.3789 Res 1 1.3774 Pivot 1.3609 Sup 1 1.3429 Ex-Low 1.3443 Sup 2 1.3264 1.3787 1.3721 1.3509 1.3443   Warning: End of trend MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 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 1.2456 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 1.4504 1.4303 1.3653 1.3452   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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