RTFX TraderTip >> EUR-USD Analysis - Thursday 15 April 2010

[RTFX-Trading]

RTFX TraderTip >> EUR-USD Analysis - 15 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 1.3727 Scenario for today Current rise should end around 1.3689. Objectives of this downmove are 1.3607 or 1.3561. A rise above 1.3725 is again bullish. Key point 1.3677 Entry point 1.3649 Elliott 1.3545 Closing 1.3654 Projection 1.3692 Trendline 1.3597 Trendline 1.3648 Res 2 1.3725 Ex-High 1.3679 Res 1 1.3689 Pivot 1.3643 Sup 1 1.3607 Ex-Low 1.3597 Sup 2 1.3561 1.3663 1.3633 1.3537 1.3507   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction up 1.3746 Scenario for this week Difficult to predict the next move. If first down it should hold 1.3388 or 1.3338. If first up it should face resistance in 1.3516 - 1.3594 zone to 1.3338 zone. Key point 1.3808 Entry point 1.3545 Elliott 1.3283 Closing 1.3494 Projection 1.3782 Trendline 1.3538 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 1.3677 1.3615 1.3414 1.3352   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 1.3402 Entry point 1.3477 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 1.3903 1.3755 1.3275 1.3127   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September Square Mosta, MST 1180 Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.