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

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RTFX TraderTip >> EUR-USD 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-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 1.3242 Scenario for today Is expected to fall lower than 1.3060. Entry sell point are at 1.3176 or 1.3205. Stop loss above 1.3205. Key point 1.3220 Entry point 1.3154 Elliott 1.3089 Closing 1.3176 Projection 1.3242 Trendline 1.3175 Trendline 1.3110 Res 2 1.3234 Ex-High 1.3176 Res 1 1.3205 Pivot 1.3147 Sup 1 1.3118 Ex-Low 1.3089 Sup 2 1.3060 1.3330 1.3288 1.3149 1.3106   Warning: End of trend WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week There is bearish potential for a fall to below 1.2983. Up correction could find resistance around 1.3282. Rise above 1.3379 could weaken this bearish view. Key point 1.3017 Entry point 1.3366 Elliott 1.3738 Closing 1.3176 Projection 1.2946 Trendline 1.3325 Trendline 1.3325 Res 2 1.3775 Ex-High 1.3582 Res 1 1.3476 Pivot 1.3282 Sup 1 1.2983 Ex-Low 1.3089 Sup 2 1.2789 1.3555 1.3441 1.3071 1.2957   Warning: Engulfing pattern 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 1.3722 Entry point 1.3089 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 1.3934 1.3660 1.2773 1.2499   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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