RTFX TraderTip >> EUR-USD Analysis - Monday 04 May 2009

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RTFX TraderTip >> EUR-USD Analysis - 4 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 : common flat correction up 1.3301 Scenario for today While below 1.3271 or 1.3297 it could fall towards below 1.3213 or 1.3161. After which a corrective/consolidation activity is expected. Key point 1.3307 Entry point 1.3294 Elliott 1.2964 Closing 1.3266 Projection 1.3301 Trendline 1.3285 Trendline 1.3303 Res 2 1.3381 Ex-High 1.3328 Res 1 1.3323 Pivot 1.3271 Sup 1 1.3213 Ex-Low 1.3218 Sup 2 1.3161 1.3351 1.3303 1.3146 1.3098   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.3408 Scenario for this week It should trade higher to 1.3447 while 1.3205 or 1.3115 offers support. Stop loss below 1.3025 zone. Key point 1.3357 Entry point 1.3151 Elliott 1.2885 Closing 1.3266 Projection 1.3582 Trendline 1.2964 Trendline 1.3043 Res 2 1.3627 Ex-High 1.3386 Res 1 1.3447 Pivot 1.3205 Sup 1 1.3025 Ex-Low 1.2964 Sup 2 1.2783 1.3477 1.3379 1.3062 1.2964   MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 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 1.3599 Entry point 1.3349 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 1.3580 1.3455 1.3052 1.2927   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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