Thread: RTFX TraderTip >> EUR-USD Analysis - Friday 03 September 2010

RTFX TraderTip >> EUR-USD Analysis - 3 Sep 2010 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 1.2874 Scenario for today One move lower to 1.2785 or 1.2745 is anticipated while below 1.2837 - 1.2857 area. Stop loss above 1.2889 zone. Key point 1.2880 Entry point 1.2848 Elliott 1.2626 Closing 1.2825 Projection 1.2874 Trendline 1.2768 Trendline 1.2890 Res 2 1.2889 Ex-High 1.2849 Res 1 1.2857 Pivot 1.2817 Sup 1 1.2785 Ex-Low 1.2777 Sup 2 1.2745 1.2844 1.2812 1.2707 1.2674   Warning: Imminent end of bullish move - Harami WEEKLY TECHNICAL ANALYSIS EUR-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 1.2873 Scenario for this week It should trade higher to 1.2812 or above 1.2891 in extention. Supports at 1.2661 and 1.2622. Stop loss below 1.2510 zone. Key point 1.2663 Entry point 1.2626 Elliott 1.2588 Closing 1.2734 Projection 1.2873 Trendline 1.2690 Trendline 1.2636 Res 2 1.2891 Ex-High 1.2779 Res 1 1.2812 Pivot 1.2700 Sup 1 1.2622 Ex-Low 1.2588 Sup 2 1.2510 1.2882 1.2817 1.2607 1.2542   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 1.3007 or even 1.3146. Supports at 1.2634 and 1.2401 zone. Key point 1.2926 Entry point 1.2876 Elliott 1.1876 Closing 1.2680 Projection 1.3125 Trendline 1.2648 Trendline 1.2983 Res 2 1.3613 Ex-High 1.3334 Res 1 1.3146 Pivot 1.2867 Sup 1 1.2401 Ex-Low 1.2588 Sup 2 1.2122 1.3240 1.3095 1.2626 1.2481   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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be caution in trading in today some major data will be release from us.at 6pm <+5.30gmt>these data may effect market.