RTFX TraderTip >> EUR-USD Analysis - Tuesday 02 March 2010

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RTFX TraderTip >> EUR-USD Analysis - 2 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 : flat correction down 1.3451 Scenario for today It should be subject to more sell off towards 1.3462 or 1.3364. Corrective upward swings should face resistance around 1.3565 area. A break of 1.3753 is bullish. Key point 1.3563 Entry point 1.3606 Elliott 1.3684 Closing 1.3560 Projection 1.3451 Trendline 1.3655 Trendline 1.3626 Res 2 1.3753 Ex-High 1.3655 Res 1 1.3656 Pivot 1.3558 Sup 1 1.3462 Ex-Low 1.3461 Sup 2 1.3364 1.3671 1.3629 1.3491 1.3449   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 1.3439 Scenario for this week It should be subject to more sell off towards 1.3534 or 1.3481. Corrective upward swings should face resistance around 1.3733 area. A break of 1.3827 is bullish. Key point 1.3547 Entry point 1.3544 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 1.3673 1.3456 1.3389   Warning: Harami MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Structure is bearish to 1.3530 or 1.3364 limit but slowing momentum suggests a correction first to 1.3821 or 1.4278 zone. Key point 1.3192 Entry point 1.3515 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 1.3961 1.3841 1.3452 1.3332   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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