RTFX TraderTip >> GBP-USD Analysis - Tuesday 30 March 2010

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RTFX TraderTip >> GBP-USD Analysis - 30 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 GBP-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.5089 Scenario for today One move lower to 1.4914 or 1.4840 is anticipated while below 1.5004 - 1.5041 area. Stop loss above 1.5094 zone. Key point 1.5030 Entry point 1.4966 Elliott 1.4798 Closing 1.4988 Projection 1.5112 Trendline 1.4875 Trendline 1.4978 Res 2 1.5094 Ex-High 1.5020 Res 1 1.5041 Pivot 1.4967 Sup 1 1.4914 Ex-Low 1.4892 Sup 2 1.4840 1.5046 1.5002 1.4862 1.4818   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS GBP-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4827 Scenario for this week Structure is bearish to 1.4848 or 1.4760 limit but slowing momentum suggests a correction first to 1.5005 or 1.5250 zone. Key point 1.4838 Entry point 1.4908 Elliott 1.5382 Closing 1.4898 Projection 1.4784 Trendline 1.5112 Trendline 1.4843 Res 2 1.5250 Ex-High 1.5112 Res 1 1.5074 Pivot 1.4936 Sup 1 1.4760 Ex-Low 1.4798 Sup 2 1.4622 1.5134 1.5066 1.4845 1.4777   MONTHLY TECHNICAL ANALYSIS GBP-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an elongated correction 1.5432 Scenario for this month Market should not go lower than 1.4885. After this move down it should go up to 1.5829 area. Key point 1.4936 Entry point 1.5438 Elliott 1.6877 Closing 1.5249 Projection 1.4263 Trendline 1.6059 Trendline 1.5745 Res 2 1.6409 Ex-High 1.6070 Res 1 1.5829 Pivot 1.5491 Sup 1 1.4911 Ex-Low 1.5152 Sup 2 1.4573 1.5960 1.5726 1.4968 1.4734   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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