RTFX TraderTip >> EUR-GBP Analysis - Monday 20 April 2009

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RTFX TraderTip >> EUR-GBP Analysis - 20 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-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 0.8781 Scenario for today While below 0.8801 - 0.8821 it might drop to 0.8782 or below 0.8753 zone. Key point 0.8805 Entry point 0.8808 Elliott 0.9022 Closing 0.8810 Projection 0.8734 Trendline 0.8826 Trendline 0.8852 Res 2 0.8889 Ex-High 0.8861 Res 1 0.8850 Pivot 0.8821 Sup 1 0.8782 Ex-Low 0.8793 Sup 2 0.8753 0.8922 0.8896 0.8811 0.8784   WEEKLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.8727 Scenario for this week Market should not go lower than 0.8686. After this move down it should go up to 0.8798 - 0.8873 area. Key point 0.8729 Entry point 0.8835 Elliott 0.9500 Closing 0.8810 Projection 0.8727 Trendline 0.8961 Trendline 0.8887 Res 2 0.9109 Ex-High 0.9022 Res 1 0.8959 Pivot 0.8873 Sup 1 0.8723 Ex-Low 0.8786 Sup 2 0.8637 0.9001 0.8946 0.8769 0.8714   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS EUR-GBP         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.8764 Scenario for this month While below 0.9564 it is more likely to fall further towards 0.9031 or 0.8875. Premature rise above 0.9564 could see it rising above 0.9876 zone. Key point 0.9016 Entry point 0.9258 Elliott 0.9500 Closing 0.9251 Projection 0.8638 Trendline 0.8811 Trendline 0.8984 Res 2 0.9876 Ex-High 0.9500 Res 1 0.9564 Pivot 0.9187 Sup 1 0.8875 Ex-Low 0.8811 Sup 2 0.8498 0.9558 0.9379 0.8799 0.8620   Warning: Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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