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

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RTFX TraderTip >> EUR-USD Analysis - 1 Mar 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 : common flat correction up 1.3692 Scenario for today While below 1.3650 - 1.3690 it is more likely to fall further towards 1.3573 or 1.3537. Premature rise above 1.3690 could see it rising above 1.3763 zone. Key point 1.3641 Entry point 1.3606 Elliott 1.3451 Closing 1.3616 Projection 1.3692 Trendline 1.3531 Trendline 1.3610 Res 2 1.3763 Ex-High 1.3684 Res 1 1.3690 Pivot 1.3610 Sup 1 1.3537 Ex-Low 1.3530 Sup 2 1.3457 1.3687 1.3645 1.3512 1.3471   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It looks set for gains to 1.3721. Supports at 1.3534 and 1.3481. A break of 1.3346 will damage this bullish structure. Key point 1.3573 Entry point 1.3556 Elliott 1.4579 Closing 1.3616 Projection 1.3215 Trendline 1.3600 Trendline 1.3566 Res 2 1.3827 Ex-High 1.3692 Res 1 1.3721 Pivot 1.3586 Sup 1 1.3481 Ex-Low 1.3451 Sup 2 1.3346 1.3740 1.3684 1.3504 1.3448   Warning: Harami MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 1.3800 Scenario for this month Current fall is near an end of wave around 1.3364 zone, a rally should then procede to above 1.3947. Fall below 1.3112 would cancel this scenario. Key point 1.3353 Entry point 1.3582 Elliott 1.5144 Closing 1.3616 Projection 1.2456 Trendline 1.4023 Trendline 1.3474 Res 2 1.4278 Ex-High 1.4026 Res 1 1.3947 Pivot 1.3695 Sup 1 1.3364 Ex-Low 1.3443 Sup 2 1.3112 1.4029 1.3894 1.3457 1.3322   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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