RTFX TraderTip >> EUR-USD Analysis - Tuesday 06 July 2010

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RTFX TraderTip >> EUR-USD Analysis - 6 Jul 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 : impulse wave up 1.2607 Scenario for today It should be subject to more sell off towards 1.2511 or 1.2484. Corrective upward swings should face resistance around 1.2542 area. A break of 1.2590 is bullish. Key point 1.2635 Entry point 1.2590 Elliott 1.2152 Closing 1.2538 Projection 1.2701 Trendline 1.2582 Trendline 1.2668 Res 2 1.2590 Ex-High 1.2563 Res 1 1.2564 Pivot 1.2537 Sup 1 1.2511 Ex-Low 1.2510 Sup 2 1.2484 1.2557 1.2514 1.2375 1.2333   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.2611 Scenario for this week It should try higher up to 1.2581 - 1.2724. Entry point 1.2438 or 1.2351. After this rise, a correction is expected. Key point 1.2867 Entry point 1.2510 Elliott 1.2152 Closing 1.2550 Projection 1.2611 Trendline 1.2360 Trendline 1.2360 Res 2 1.2897 Ex-High 1.2611 Res 1 1.2724 Pivot 1.2438 Sup 1 1.2264 Ex-Low 1.2152 Sup 2 1.1978 1.2666 1.2587 1.2331 1.2252   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should try higher up to 1.2352 - 1.2510. Entry point 1.2193 or 1.2056. After this rise, a correction is expected. Key point 1.2510 Entry point 1.2193 Elliott 1.1876 Closing 1.2236 Projection 1.3125 Trendline 1.2589 Trendline 1.1584 Res 2 1.2783 Ex-High 1.2467 Res 1 1.2510 Pivot 1.2193 Sup 1 1.1920 Ex-Low 1.1876 Sup 2 1.1603 1.2695 1.2539 1.2035 1.1879   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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