RTFX TraderTip >> EUR-USD Analysis - Thursday 30 April 2009

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RTFX TraderTip >> EUR-USD Analysis - 30 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 : irregular flat correction up 1.3381 Scenario for today While below 1.3370 it is more likely to fall further towards 1.3197 or 1.3149. Premature rise above 1.3370 could see it rising above 1.3466 zone. Key point 1.3346 Entry point 1.3272 Elliott 1.2964 Closing 1.3274 Projection 1.3509 Trendline 1.3120 Trendline 1.3276 Res 2 1.3466 Ex-High 1.3341 Res 1 1.3370 Pivot 1.3245 Sup 1 1.3149 Ex-Low 1.3120 Sup 2 1.3024 1.3337 1.3277 1.3083 1.3023   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.3408 Scenario for this week It should be subject to more sell off towards 1.2984 or 1.2727. Corrective upward swings should face resistance around 1.3525 area. A break of 1.3479 is bullish. Key point 1.3043 Entry point 1.2964 Elliott 1.2885 Closing 1.3242 Projection 1.3582 Trendline 1.3268 Trendline 1.3229 Res 2 1.3559 Ex-High 1.3301 Res 1 1.3400 Pivot 1.3143 Sup 1 1.2984 Ex-Low 1.2885 Sup 2 1.2727 1.3443 1.3321 1.2925 1.2803   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 1.3314 Entry point 1.2885 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 1.3966 1.3660 1.2671 1.2365   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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