RTFX TraderTip >> EUR-USD Analysis - Thursday 09 April 2009

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RTFX TraderTip >> EUR-USD Analysis - 9 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 : correction zigzag 1.3365 Scenario for today Market should hold major support at 1.3092 before rising towards 1.3344 or even 1.3407 limit. Key point 1.3333 Entry point 1.3241 Elliott 1.3148 Closing 1.3281 Projection 1.3416 Trendline 1.3255 Trendline 1.3173 Res 2 1.3407 Ex-High 1.3309 Res 1 1.3344 Pivot 1.3246 Sup 1 1.3183 Ex-Low 1.3148 Sup 2 1.3085 1.3474 1.3425 1.3268 1.3219   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 1.3183 Entry point 1.3148 Elliott 1.3113 Closing 1.3487 Projection 1.3738 Trendline 1.3571 Trendline 1.3406 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 1.3678 1.3549 1.3131 1.3002   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 1.3840 Entry point 1.3148 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 1.3925 1.3660 1.2802 1.2537   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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