RTFX TraderTip >> EUR-USD Analysis - Wednesday 15 April 2009

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RTFX TraderTip >> EUR-USD Analysis - 15 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 : flat correction down 1.3165 Scenario for today It looks more likely that it would rise to above 1.3320 or 1.3351 from 1.3242 or 1.3196. After which a downside move to below 1.3134 is expected. Key point 1.3251 Entry point 1.3313 Elliott 1.3392 Closing 1.3259 Projection 1.3205 Trendline 1.3220 Trendline 1.3326 Res 2 1.3444 Ex-High 1.3381 Res 1 1.3351 Pivot 1.3289 Sup 1 1.3196 Ex-Low 1.3226 Sup 2 1.3134 1.3366 1.3317 1.3157 1.3108   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.3089 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 1.3202 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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