RTFX TraderTip >> EUR-USD Analysis - Thursday 10 June 2010

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RTFX TraderTip >> EUR-USD Analysis - 10 Jun 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 1.2048 Scenario for today It looks more likely that it would rise to 1.2060 from 1.1952 or 1.1911. After which a downside move is expected. Key point 1.1964 Entry point 1.1952 Elliott 1.1876 Closing 1.1979 Projection 1.2048 Trendline 1.1932 Trendline 1.1949 Res 2 1.2141 Ex-High 1.2074 Res 1 1.2060 Pivot 1.1992 Sup 1 1.1911 Ex-Low 1.1925 Sup 2 1.1844 1.2105 1.2061 1.1920 1.1877   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 1.1861 Scenario for this week Market should not go lower than 1.1738. After this move down it should go up to 1.2228 area. Key point 1.1867 Entry point 1.2029 Elliott 1.3692 Closing 1.1966 Projection 1.1861 Trendline 1.2283 Trendline 1.2159 Res 2 1.2490 Ex-High 1.2354 Res 1 1.2228 Pivot 1.2092 Sup 1 1.1829 Ex-Low 1.1955 Sup 2 1.1693 1.2306 1.2214 1.1916 1.1824   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.1822 Scenario for this month Market should not go lower than 1.1714. After this move down it should go up to 1.3055 area. Key point 1.1359 Entry point 1.2524 Elliott 1.5144 Closing 1.2306 Projection 1.0795 Trendline 1.3250 Trendline 1.3124 Res 2 1.3805 Ex-High 1.3349 Res 1 1.3055 Pivot 1.2600 Sup 1 1.1850 Ex-Low 1.2144 Sup 2 1.1394 1.3112 1.2852 1.2010 1.1750   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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