RTFX TraderTip >> EUR-USD Analysis - Wednesday 03 March 2010

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RTFX TraderTip >> EUR-USD Analysis - 3 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 1.3684 Scenario for today It should test 1.3788 area after which a sell off down to 1.3492 or extended to 1.3370 area is expected. Key point 1.3701 Entry point 1.3568 Elliott 1.3435 Closing 1.3615 Projection 1.3684 Trendline 1.3615 Trendline 1.3591 Res 2 1.3744 Ex-High 1.3622 Res 1 1.3679 Pivot 1.3557 Sup 1 1.3492 Ex-Low 1.3435 Sup 2 1.3370 1.3685 1.3638 1.3489 1.3443   Warning: End of trend 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 1.3547 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 1.3744 1.3673 1.3443 1.3372   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 1.3965 1.3841 1.3439 1.3315   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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