RTFX TraderTip >> EUR-USD Analysis - Thursday 25 March 2010

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RTFX TraderTip >> EUR-USD Analysis - 25 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 : extended impulse wave down 1.3242 Scenario for today Market should not go lower than 1.3207. After this move down it should go up to 1.3412 - 1.3447 area. Key point 1.3273 Entry point 1.3369 Elliott 1.3570 Closing 1.3323 Projection 1.3242 Trendline 1.3501 Trendline 1.3432 Res 2 1.3571 Ex-High 1.3501 Res 1 1.3447 Pivot 1.3376 Sup 1 1.3252 Ex-Low 1.3306 Sup 2 1.3182 1.3565 1.3527 1.3405 1.3367   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.3243 Scenario for this week There is bearish potential for a fall to 1.3416 while 1.3617 - 1.3674 resist. After this fall a recovery up to 1.3674 or 1.3731 is expected. Key point 1.3322 Entry point 1.3570 Elliott 1.3818 Closing 1.3530 Projection 1.3198 Trendline 1.3664 Trendline 1.3664 Res 2 1.3931 Ex-High 1.3818 Res 1 1.3731 Pivot 1.3617 Sup 1 1.3416 Ex-Low 1.3503 Sup 2 1.3302 1.3784 1.3694 1.3404 1.3314   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It is likely to fall to 1.3364 or below 1.3112 in extension while 1.3695 - 1.3821 area offer resistance. Above 1.3947 the outlook could turn bullish. 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 1.4091 1.3922 1.3375 1.3206   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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