RTFX TraderTip >> EUR-USD Analysis - Monday 29 March 2010

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RTFX TraderTip >> EUR-USD Analysis - 29 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 up 1.3494 Scenario for today Current rise seems to be over near 1.3417 or 1.3467 for a retracement towards 1.3367 - 1.3339 area. Key point 1.3473 Entry point 1.3370 Elliott 1.3268 Closing 1.3410 Projection 1.3454 Trendline 1.3337 Trendline 1.3337 Res 2 1.3525 Ex-High 1.3425 Res 1 1.3467 Pivot 1.3367 Sup 1 1.3310 Ex-Low 1.3268 Sup 2 1.3210 1.3506 1.3466 1.3337 1.3298   Warning: Engulfing pattern WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.3288 Scenario for this week It may meet resistance in 1.3410 - 1.3416 zone for a drift down to 1.3261 zone, after which bounce to 1.3564 is anticipated. Key point 1.3400 Entry point 1.3382 Elliott 1.3818 Closing 1.3410 Projection 1.3198 Trendline 1.3570 Trendline 1.3322 Res 2 1.3718 Ex-High 1.3570 Res 1 1.3564 Pivot 1.3416 Sup 1 1.3261 Ex-Low 1.3268 Sup 2 1.3113 1.3597 1.3527 1.3301 1.3231   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 1.4097 1.3922 1.3355 1.3180   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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