RTFX TraderTip >> EUR-USD Analysis - Thursday 18 March 2010

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RTFX TraderTip >> EUR-USD Analysis - 18 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 1.3653 Scenario for today There are initial signs of a good corrective recovery towards 1.3776 or even 1.3793. Supports at 1.3731 and 1.3702 zone. Key point 1.3698 Entry point 1.3758 Elliott 1.3818 Closing 1.3735 Projection 1.3708 Trendline 1.3718 Trendline 1.3797 Res 2 1.3850 Ex-High 1.3818 Res 1 1.3793 Pivot 1.3760 Sup 1 1.3702 Ex-Low 1.3727 Sup 2 1.3669 1.3819 1.3786 1.3681 1.3649   Warning: End of trend WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 1.3872 Scenario for this week It should trade higher to 1.3860 while 1.3699 or 1.3650 offers support. Stop loss below 1.3601 zone. Key point 1.3743 Entry point 1.3666 Elliott 1.3435 Closing 1.3762 Projection 1.3872 Trendline 1.3537 Trendline 1.3640 Res 2 1.3957 Ex-High 1.3796 Res 1 1.3860 Pivot 1.3699 Sup 1 1.3601 Ex-Low 1.3537 Sup 2 1.3440 1.3874 1.3807 1.3589 1.3522   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 1.3376 Entry point 1.3617 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 1.4071 1.3922 1.3439 1.3290   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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