RTFX TraderTip >> EUR-USD Analysis - Wednesday 06 May 2009

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RTFX TraderTip >> EUR-USD Analysis - 6 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 : irregular flat correction up 1.3427 Scenario for today While above 1.3305 - 1.3261 zone a corrective dip could test 1.3350 or 1.3384 or 1.3417. After which it should resume his downtrend. Key point 1.3329 Entry point 1.3323 Elliott 1.3212 Closing 1.3329 Projection 1.3386 Trendline 1.3282 Trendline 1.3352 Res 2 1.3506 Ex-High 1.3438 Res 1 1.3417 Pivot 1.3350 Sup 1 1.3261 Ex-Low 1.3282 Sup 2 1.3194 1.3435 1.3389 1.3239 1.3192   WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.3480 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 1.3460 Entry point 1.3190 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 1.3512 1.3412 1.3088 1.2988   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 1.3590 Entry point 1.3345 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 1.3652 1.3510 1.3049 1.2907   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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