RTFX TraderTip >> EUR-USD Analysis - Wednesday 08 April 2009

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RTFX TraderTip >> EUR-USD Analysis - 8 Apr 2009
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 1.3167

Scenario for today

Current fall is near an end of wave around 1.3134 - 1.3171 zone, a rally should then procede to above 1.3346 or 1.3385. Fall below 1.3113 would cancel this scenario. Key point 1.3222 Entry point 1.3263 Elliott 1.3582 Closing 1.3272 Projection 1.3167 Trendline 1.3419 Trendline 1.3256 Res 2 1.3499 Ex-High 1.3419 Res 1 1.3385 Pivot 1.3306 Sup 1 1.3192 Ex-Low 1.3226 Sup 2 1.3113
1.3525
1.3467 http://www.rtfx.com/TrendOscillator....Value9=72.7600 1.3279
1.3221

Warning: Imminent end of bearish move

WEEKLY TECHNICAL ANALYSIS EUR-USD Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.3647

Scenario for this week

It should test 1.3897 area after which a sell off down to 1.3228 or extended to 1.2968 area is expected. Key point 1.3339 Entry point 1.3226 Elliott 1.3113 Closing 1.3487 Projection 1.3738 Trendline 1.3571 Trendline 1.3298 Res 2 1.3776 Ex-High 1.3517 Res 1 1.3632 Pivot 1.3372 Sup 1 1.3228 Ex-Low 1.3113 Sup 2 1.2968
1.3666
1.3549 http://www.rtfx.com/TrendOscillator....Value9=38.1649 1.3170
1.3053



MONTHLY TECHNICAL ANALYSIS EUR-USD Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.3644

Scenario for this month

Strength can extend to 1.3494 or even higher than 1.3840 as declines are expected to find support at 1.2853 or 1.2558. Stop Loss below 1.1866 zone. Key point 1.3878 Entry point 1.3167 Elliott 1.2456 Closing 1.3250 Projection 1.3738 Trendline 1.2950 Trendline 1.2950 Res 2 1.4430 Ex-High 1.3738 Res 1 1.3840 Pivot 1.3148 Sup 1 1.2558 Ex-Low 1.2456 Sup 2 1.1866
1.3922
1.3660 http://www.rtfx.com/TrendOscillator....Value9=23.5701 1.2812
1.2550

Warning: Engulfing pattern




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