RTFX TraderTip >> EUR-USD Analysis - Tuesday 06 April 2010

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RTFX TraderTip >> EUR-USD Analysis - 6 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 : flat correction down 1.3400 Scenario for today Current fall is near an end of wave around 1.3450 zone, a rally should then procede to above 1.3528. Fall below 1.3416 would cancel this scenario. Key point 1.3469 Entry point 1.3498 Elliott 1.3591 Closing 1.3484 Projection 1.3464 Trendline 1.3551 Trendline 1.3486 Res 2 1.3572 Ex-High 1.3539 Res 1 1.3528 Pivot 1.3494 Sup 1 1.3450 Ex-Low 1.3461 Sup 2 1.3416 1.3587 1.3555 1.3449 1.3417   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 1.3543 Scenario for this week While below 1.3489 it might drop to 1.3386 or below 1.3282 zone. Key point 1.3557 Entry point 1.3500 Elliott 1.3268 Closing 1.3491 Projection 1.3607 Trendline 1.3384 Trendline 1.3501 Res 2 1.3696 Ex-High 1.3591 Res 1 1.3593 Pivot 1.3489 Sup 1 1.3386 Ex-Low 1.3384 Sup 2 1.3282 1.3609 1.3565 1.3422 1.3378   Warning: Low Zone 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 1.3281 Entry point 1.3417 Elliott 1.5144 Closing 1.3509 Projection 1.2456 Trendline 1.3617 Trendline 1.3486 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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