RTFX TraderTip >> EUR-USD Analysis - Monday 12 April 2010

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RTFX TraderTip >> EUR-USD Analysis - 12 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 : common flat correction up 1.3591 Scenario for today Current rise seems to be over near 1.3494 or 1.3545 for a retracement towards 1.3443 - 1.3418 area. Key point 1.3570 Entry point 1.3457 Elliott 1.3283 Closing 1.3494 Projection 1.3591 Trendline 1.3342 Trendline 1.3401 Res 2 1.3596 Ex-High 1.3495 Res 1 1.3545 Pivot 1.3443 Sup 1 1.3392 Ex-Low 1.3342 Sup 2 1.3291 1.3493 1.3460 1.3352 1.3319   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.3591 Scenario for this week It may attempt a test higher to 1.3516 - 1.3594 after which weakness may set it to a drift down to below 1.3338 limit. Key point 1.3577 Entry point 1.3430 Elliott 1.3283 Closing 1.3494 Projection 1.3591 Trendline 1.3539 Trendline 1.3486 Res 2 1.3694 Ex-High 1.3539 Res 1 1.3594 Pivot 1.3438 Sup 1 1.3338 Ex-Low 1.3283 Sup 2 1.3182 1.3607 1.3548 1.3356 1.3297   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 1.3838 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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