RTFX TraderTip >> EUR-USD Analysis - Wednesday 31 March 2010

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RTFX TraderTip >> EUR-USD Analysis - 31 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 1.3335 Scenario for today It looks more likely that it would rise to 1.3502 - 1.3591 from 1.3405 or 1.3360. After which a downside move is expected. Key point 1.3360 Entry point 1.3449 Elliott 1.3537 Closing 1.3413 Projection 1.3371 Trendline 1.3465 Trendline 1.3465 Res 2 1.3591 Ex-High 1.3537 Res 1 1.3502 Pivot 1.3449 Sup 1 1.3360 Ex-Low 1.3396 Sup 2 1.3307 1.3497 1.3461 1.3346 1.3310   Warning: Engulfing pattern WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.3344 Scenario for this week It should try higher up to 1.3490 - 1.3564. Entry point 1.3416 or 1.3338. After this rise, a correction is expected. Key point 1.3505 Entry point 1.3422 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 1.3623 1.3554 1.3332 1.3263   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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