RTFX TraderTip >> EUR-USD Analysis - Tuesday 14 April 2009

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RTFX TraderTip >> EUR-USD Analysis - 14 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 : elongated flat correction up 1.3489 Scenario for today Current rise seems to be over near 1.3380 or 1.3464 for a retracement towards 1.3295 - 1.3247 area. Key point 1.3475 Entry point 1.3275 Elliott 1.3089 Closing 1.3367 Projection 1.3489 Trendline 1.3126 Trendline 1.3163 Res 2 1.3561 Ex-High 1.3392 Res 1 1.3464 Pivot 1.3295 Sup 1 1.3198 Ex-Low 1.3126 Sup 2 1.3029 1.3382 1.3329 1.3158 1.3105   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.3089 Scenario for this week Prefer a fall to 1.3133 or 1.2983. Then a correction to 1.3379 is anticipated. A clear break of 1.2789 is again bearish. Key point 1.3202 Entry point 1.3392 Elliott 1.3582 Closing 1.3176 Projection 1.3089 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 1.3604 1.3487 1.3108 1.2991   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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