RTFX TraderTip >> EUR-USD Analysis - Friday 05 March 2010

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RTFX TraderTip >> EUR-USD Analysis - 5 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 1.3479 Scenario for today There is bearish potential for a fall to 1.3518 while 1.3615 - 1.3647 resist. After this fall a recovery up to 1.3647 or 1.3679 is expected. Key point 1.3531 Entry point 1.3632 Elliott 1.3736 Closing 1.3581 Projection 1.3435 Trendline 1.3712 Trendline 1.3688 Res 2 1.3776 Ex-High 1.3712 Res 1 1.3679 Pivot 1.3615 Sup 1 1.3518 Ex-Low 1.3551 Sup 2 1.3454 1.3716 1.3669 1.3516 1.3469   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.3736 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 1.3578 Entry point 1.3578 Elliott 1.3435 Closing 1.3616 Projection 1.3922 Trendline 1.3600 Trendline 1.3547 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 1.3798 1.3714 1.3443 1.3359   Warning: Harami MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 1.3800 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 1.3384 Entry point 1.3566 Elliott 1.5144 Closing 1.3616 Projection 1.2456 Trendline 1.4023 Trendline 1.3469 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 1.4018 1.3881 1.3439 1.3302   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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