RTFX TraderTip >> EUR-GBP Analysis - Tuesday 15 June 2010

[RTFX-Trading]

RTFX TraderTip >> EUR-GBP Analysis - 15 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-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.8232 Scenario for today There are initial signs of a good corrective recovery towards 0.8325 or even 0.8338. Supports at 0.8288 and 0.8264 zone. Key point 0.8258 Entry point 0.8309 Elliott 0.8360 Closing 0.8290 Projection 0.8268 Trendline 0.8286 Trendline 0.8361 Res 2 0.8386 Ex-High 0.8360 Res 1 0.8338 Pivot 0.8312 Sup 1 0.8264 Ex-Low 0.8286 Sup 2 0.8238 0.8333 0.8313 0.8247 0.8226   WEEKLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It should try higher up to 0.8331 - 0.8371. Entry point 0.8291 or 0.8268. After this rise, a correction is expected. Key point 0.8361 Entry point 0.8286 Elliott 0.8211 Closing 0.8325 Projection 0.8426 Trendline 0.8316 Trendline 0.8191 Res 2 0.8417 Ex-High 0.8337 Res 1 0.8371 Pivot 0.8291 Sup 1 0.8245 Ex-Low 0.8211 Sup 2 0.8165 0.8379 0.8348 0.8248 0.8217   Warning: End of trend MONTHLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Market should not go lower than 0.8316. After this move down it should go up to 0.8708 area. Key point 0.8260 Entry point 0.8472 Elliott 0.9150 Closing 0.8465 Projection 0.7927 Trendline 0.8709 Trendline 0.8710 Res 2 0.8950 Ex-High 0.8808 Res 1 0.8708 Pivot 0.8565 Sup 1 0.8322 Ex-Low 0.8422 Sup 2 0.8180 0.8741 0.8641 0.8316 0.8216   Warning: Imminent end of bearish move 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.