RTFX TraderTip >> EUR-USD Analysis - Friday 11 June 2010

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RTFX TraderTip >> EUR-USD Analysis - 11 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 : flat correction up 1.2214 Scenario for today Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2172 or 1.2192 if support around 1.2074 hold. After which a pullback to 1.2074 - 1.2041 zone is possible. Key point 1.2198 Entry point 1.2053 Elliott 1.1876 Closing 1.2124 Projection 1.2326 Trendline 1.1962 Trendline 1.1989 Res 2 1.2260 Ex-High 1.2142 Res 1 1.2192 Pivot 1.2074 Sup 1 1.2007 Ex-Low 1.1957 Sup 2 1.1889 1.2117 1.2077 1.1948 1.1908   Warning: Imminent end of bullish move 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 1.1945 Entry point 1.2068 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 1.2351 1.2248 1.1916 1.1813   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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