RTFX TraderTip >> EUR-USD Analysis - Thursday 29 July 2010

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RTFX TraderTip >> EUR-USD Analysis - 29 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 : common flat correction up 1.3028 Scenario for today It looks more likely that it would rise to 1.3036 - 1.3076 from 1.2981 or 1.2960. After which a downside move is expected. Key point 1.3024 Entry point 1.3011 Elliott 1.2732 Closing 1.2995 Projection 1.3028 Trendline 1.3005 Trendline 1.3024 Res 2 1.3076 Ex-High 1.3042 Res 1 1.3036 Pivot 1.3001 Sup 1 1.2960 Ex-Low 1.2967 Sup 2 1.2926 1.3046 1.3015 1.2913 1.2882   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week While below 1.2971 - 1.3051 it is more likely to fall further towards 1.2756 or 1.2596. Key point 1.3059 Entry point 1.2937 Elliott 1.1876 Closing 1.2915 Projection 1.3692 Trendline 1.2753 Trendline 1.2941 Res 2 1.3187 Ex-High 1.3028 Res 1 1.3051 Pivot 1.2892 Sup 1 1.2756 Ex-Low 1.2732 Sup 2 1.2596 1.3109 1.3037 1.2805 1.2733   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 1.1854 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 1.2979 1.2756 1.2035 1.1812   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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