RTFX TraderTip >> EUR-GBP Analysis - Monday 13 April 2009

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RTFX TraderTip >> EUR-GBP Analysis - 13 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-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 0.9036 Scenario for today Is expected to fall lower than 0.8943. Entry sell point are at 0.8988 or 0.8999. Stop loss above 0.8999. Key point 0.9005 Entry point 0.8979 Elliott 0.8954 Closing 0.8988 Projection 0.9005 Trendline 0.8988 Trendline 0.8889 Res 2 0.9011 Ex-High 0.8988 Res 1 0.8999 Pivot 0.8977 Sup 1 0.8965 Ex-Low 0.8954 Sup 2 0.8943 0.9071 0.9047 0.8969 0.8946   WEEKLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.8920 Scenario for this week It may meet resistance in 0.8988 - 0.9019 zone for a drift down to 0.8895 zone, after which bounce to 0.9051 is anticipated. Key point 0.8872 Entry point 0.8965 Elliott 0.9500 Closing 0.8988 Projection 0.8727 Trendline 0.9137 Trendline 0.8889 Res 2 0.9180 Ex-High 0.9115 Res 1 0.9084 Pivot 0.9019 Sup 1 0.8923 Ex-Low 0.8954 Sup 2 0.8858 0.9109 0.9072 0.8951 0.8914   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Strength can extend to 0.9376 or even higher than 0.9564 as declines are expected to find support at 0.9031 or 0.8875. A fall below 0.8498 could turn it bearish. Key point 0.9112 Entry point 0.9005 Elliott 0.8638 Closing 0.9251 Projection 0.9358 Trendline 0.8811 Trendline 0.8984 Res 2 0.9876 Ex-High 0.9500 Res 1 0.9564 Pivot 0.9187 Sup 1 0.8875 Ex-Low 0.8811 Sup 2 0.8498 0.9533 0.9379 0.8882 0.8728   Warning: End of trend - Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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