RTFX TraderTip >> EUR-USD Analysis - Thursday 16 April 2009

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RTFX TraderTip >> EUR-USD Analysis - 16 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 1.3133 Scenario for today Market should hold major support at 1.3102 before rising towards 1.3301 or even 1.3376 limit. Key point 1.3207 Entry point 1.3245 Elliott 1.3392 Closing 1.3227 Projection 1.3089 Trendline 1.3313 Trendline 1.3215 Res 2 1.3376 Ex-High 1.3298 Res 1 1.3301 Pivot 1.3224 Sup 1 1.3149 Ex-Low 1.3146 Sup 2 1.3072 1.3348 1.3302 1.3155 1.3110   Warning: End of trend WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.3089 Scenario for this week Bullish reaction to above 1.3476 is anticipated from 1.3133 - 1.3168 zone. Stop loss below 1.2789 zone. 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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