RTFX TraderTip >> EUR-USD Analysis - Friday 09 April 2010

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RTFX TraderTip >> EUR-USD Analysis - 9 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 : correction zigzag 1.3437 Scenario for today Market should hold major support at 1.3274 before rising towards 1.3391 or even 1.3420 limit. Key point 1.3398 Entry point 1.3340 Elliott 1.3283 Closing 1.3361 Projection 1.3401 Trendline 1.3347 Trendline 1.3301 Res 2 1.3420 Ex-High 1.3366 Res 1 1.3391 Pivot 1.3337 Sup 1 1.3307 Ex-Low 1.3283 Sup 2 1.3253 1.3465 1.3439 1.3353 1.3327   Warning: End of trend WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.3268 Scenario for this week While below 1.3489 it might drop to 1.3386 or below 1.3282 zone. Key point 1.3486 Entry point 1.3539 Elliott 1.3591 Closing 1.3491 Projection 1.3268 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 1.3636 1.3565 1.3334 1.3263   Warning: Low Zone MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It is likely to fall to 1.3245 or below 1.2981 in extension while 1.3531 - 1.3663 area offer resistance. Above 1.3795 the outlook could turn bullish. 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 1.3838 1.3705 1.3275 1.3142   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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