RTFX TraderTip >> EUR-USD Analysis - Friday 02 April 2010

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RTFX TraderTip >> EUR-USD Analysis - 2 Apr 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 : irregular flat correction up 1.3685 Scenario for today Current rise seems to be over near 1.3590 or 1.3633 for a retracement towards 1.3547 - 1.3525 area. Key point 1.3651 Entry point 1.3556 Elliott 1.3268 Closing 1.3589 Projection 1.3756 Trendline 1.3461 Trendline 1.3537 Res 2 1.3678 Ex-High 1.3591 Res 1 1.3633 Pivot 1.3547 Sup 1 1.3502 Ex-Low 1.3461 Sup 2 1.3416 1.3597 1.3561 1.3443 1.3407   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 1.3607 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 1.3501 Entry point 1.3384 Elliott 1.3268 Closing 1.3410 Projection 1.3607 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 1.3660 1.3581 1.3326 1.3247   MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Structure is bearish to 1.3388 or 1.3245 limit but slowing momentum suggests a correction first to 1.3663 or 1.4081 zone. Key point 1.3204 Entry point 1.3417 Elliott 1.5144 Closing 1.3509 Projection 1.2456 Trendline 1.3617 Trendline 1.3376 Res 2 1.4081 Ex-High 1.3818 Res 1 1.3795 Pivot 1.3531 Sup 1 1.3245 Ex-Low 1.3268 Sup 2 1.2981 1.3810 1.3705 1.3364 1.3259   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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