Thread: RTFX TraderTip >> EUR-USD Analysis - Monday 20 July 2009

RTFX TraderTip >> EUR-USD Analysis - 20 Jul 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 : elongated flat correction up 1.4184 Scenario for today One more dip to 1.4081 or 1.4058 is likely followed by a grind higher to above 1.4234. Key point 1.4120 Entry point 1.4100 Elliott 1.3833 Closing 1.4100 Projection 1.4184 Trendline 1.4091 Trendline 1.4114 Res 2 1.4193 Ex-High 1.4151 Res 1 1.4146 Pivot 1.4105 Sup 1 1.4058 Ex-Low 1.4063 Sup 2 1.4017 1.4150 1.4118 1.4014 1.3982   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.4201 Scenario for this week Current rise seems to be over near 1.4133 or 1.4212 for a retracement towards 1.4054 - 1.3998 area. Key point 1.4168 Entry point 1.4031 Elliott 1.3833 Closing 1.4100 Projection 1.4201 Trendline 1.3897 Trendline 1.3961 Res 2 1.4323 Ex-High 1.4166 Res 1 1.4212 Pivot 1.4054 Sup 1 1.3943 Ex-Low 1.3897 Sup 2 1.3785 1.4229 1.4167 1.3965 1.3903   Warning: Low Zone MONTHLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 1.4228 Scenario for this month There are initial signs of a good corrective recovery towards 1.4185 or even 1.4331. Supports at 1.3890 and 1.3741 zone. Key point 1.4177 Entry point 1.4124 Elliott 1.2456 Closing 1.4033 Projection 1.4530 Trendline 1.3821 Trendline 1.4284 Res 2 1.4630 Ex-High 1.4338 Res 1 1.4331 Pivot 1.4040 Sup 1 1.3741 Ex-Low 1.3748 Sup 2 1.3450 1.4417 1.4269 1.3790 1.3642   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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