RTFX TraderTip >> EUR-GBP Analysis - Tuesday 09 March 2010

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RTFX TraderTip >> EUR-GBP Analysis - 9 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-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 0.9108 Scenario for today Current rise seems to be over near 0.9061 or 0.9083 for a retracement towards 0.9039 - 0.9023 area. Key point 0.9065 Entry point 0.9029 Elliott 0.8982 Closing 0.9050 Projection 0.9085 Trendline 0.8996 Trendline 0.9010 Res 2 0.9116 Ex-High 0.9073 Res 1 0.9083 Pivot 0.9039 Sup 1 0.9006 Ex-Low 0.8996 Sup 2 0.8962 0.9093 0.9075 0.9015 0.8997   WEEKLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in an impulse wave up 0.8955 Scenario for this week Should test support at 0.8924 while below 0.9008. If support at 0.8924 holds it can rise up to 0.9107, if not it should fall to below 0.8854 zone. Key point 0.9118 Entry point 0.9062 Elliott 0.8658 Closing 0.8994 Projection 0.9226 Trendline 0.8926 Trendline 0.9183 Res 2 0.9220 Ex-High 0.9150 Res 1 0.9107 Pivot 0.9037 Sup 1 0.8924 Ex-Low 0.8967 Sup 2 0.8854 0.9151 0.9111 0.8981 0.8941   Warning: End of trend MONTHLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should register gains to 0.9049. Corrective decline should be supported in 0.8733 area. Stop Loss below 0.8538 zone. Key point 0.9276 Entry point 0.8917 Elliott 0.8603 Closing 0.8929 Projection 0.9412 Trendline 0.8898 Trendline 0.8863 Res 2 0.9169 Ex-High 0.8973 Res 1 0.9049 Pivot 0.8853 Sup 1 0.8733 Ex-Low 0.8658 Sup 2 0.8538 0.9138 0.9061 0.8812 0.8735   Warning: Low Zone - Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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