RTFX TraderTip >> EUR-USD Analysis - Friday 01 May 2009

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RTFX TraderTip >> EUR-USD Analysis - 1 May 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 1.3125 Scenario for today Preferred view is for a fall to below 1.3152 while 1.3230 - 1.3269 area resists. A clear break of 1.3347 would be bullish. Key point 1.3171 Entry point 1.3279 Elliott 1.3386 Closing 1.3230 Projection 1.3125 Trendline 1.3251 Trendline 1.3305 Res 2 1.3464 Ex-High 1.3386 Res 1 1.3347 Pivot 1.3269 Sup 1 1.3152 Ex-Low 1.3191 Sup 2 1.3074 1.3343 1.3284 1.3091 1.3032   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 1.3472 1.3343 1.2925 1.2796   MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.3418 Scenario for this month There are initial signs of a good corrective recovery towards 1.3406 or even 1.3580. Supports at 1.3057 and 1.2883 zone. Key point 1.3356 Entry point 1.3228 Elliott 1.2456 Closing 1.3230 Projection 1.3738 Trendline 1.2885 Trendline 1.3314 Res 2 1.3929 Ex-High 1.3582 Res 1 1.3580 Pivot 1.3232 Sup 1 1.2883 Ex-Low 1.2885 Sup 2 1.2535 1.3655 1.3493 1.2970 1.2808   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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