RTFX TraderTip >> EUR-GBP Analysis - Tuesday 16 March 2010

[RTFX-Trading]

RTFX TraderTip >> EUR-GBP Analysis - 16 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 : common flat correction up 0.9134 Scenario for today While above 0.9066 - 0.9045 zone a corrective dip could test 0.9087 or 0.9128. After which it should resume his downtrend. Key point 0.9083 Entry point 0.9061 Elliott 0.9045 Closing 0.9086 Projection 0.9134 Trendline 0.9047 Trendline 0.9049 Res 2 0.9171 Ex-High 0.9130 Res 1 0.9128 Pivot 0.9087 Sup 1 0.9045 Ex-Low 0.9047 Sup 2 0.9004 0.9140 0.9120 0.9056 0.9036   WEEKLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week While below 0.9098 - 0.9133 it is more likely to fall further towards 0.9029 or 0.8995. Premature rise above 0.9133 could see it rising above 0.9202 zone. Key point 0.9146 Entry point 0.9094 Elliott 0.8658 Closing 0.9063 Projection 0.9226 Trendline 0.9062 Trendline 0.9118 Res 2 0.9202 Ex-High 0.9134 Res 1 0.9133 Pivot 0.9064 Sup 1 0.8995 Ex-Low 0.8996 Sup 2 0.8926 0.9166 0.9132 0.9021 0.8987   Warning: Harami 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: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.