RTFX TraderTip >> EUR-USD Analysis - Monday 21 June 2010

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RTFX TraderTip >> EUR-USD Analysis - 21 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 : support in a triangle up 1.2353 Scenario for today There are initial signs of a good corrective recovery towards 1.2395 or even 1.2409. Supports at 1.2363 and 1.2346 zone. Key point 1.2415 Entry point 1.2403 Elliott 1.1876 Closing 1.2373 Projection 1.2647 Trendline 1.2345 Trendline 1.2465 Res 2 1.2444 Ex-High 1.2416 Res 1 1.2409 Pivot 1.2381 Sup 1 1.2346 Ex-Low 1.2354 Sup 2 1.2318 1.2418 1.2384 1.2275 1.2242   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week One move lower to 1.2188 or 1.2002 is anticipated while below 1.2395 - 1.2488 area. Stop loss above 1.2602 zone. Key point 1.2509 Entry point 1.2373 Elliott 1.1876 Closing 1.2373 Projection 1.2570 Trendline 1.2116 Trendline 1.2356 Res 2 1.2602 Ex-High 1.2416 Res 1 1.2488 Pivot 1.2302 Sup 1 1.2188 Ex-Low 1.2116 Sup 2 1.2002 1.2502 1.2432 1.2207 1.2137   Warning: Imminent end of bullish 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 1.1484 Entry point 1.2560 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 1.3153 1.2883 1.2010 1.1740   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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