RTFX TraderTip >> GBP-USD Analysis - Tuesday 09 February 2010

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RTFX TraderTip >> GBP-USD Analysis - 9 Feb 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 GBP-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave down 1.5508 Scenario for today It may meet resistance in 1.5585 - 1.5594 zone for a drift down to 1.5527 zone, after which bounce to 1.5652 is anticipated. Key point 1.5537 Entry point 1.5530 Elliott 1.6070 Closing 1.5585 Projection 1.5393 Trendline 1.5601 Trendline 1.5544 Res 2 1.5718 Ex-High 1.5660 Res 1 1.5652 Pivot 1.5594 Sup 1 1.5527 Ex-Low 1.5536 Sup 2 1.5469 1.5857 1.5808 1.5651 1.5603   Warning: End of trend WEEKLY TECHNICAL ANALYSIS GBP-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.5520 Scenario for this week Market should not go lower than 1.5594 - 1.5436. After this move down it should go up to 1.5850 - 1.5947 area. Key point 1.5395 Entry point 1.5668 Elliott 1.6457 Closing 1.5630 Projection 1.5446 Trendline 1.6031 Trendline 1.5877 Res 2 1.6264 Ex-High 1.6070 Res 1 1.5947 Pivot 1.5753 Sup 1 1.5436 Ex-Low 1.5559 Sup 2 1.5242 1.5963 1.5865 1.5547 1.5449   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS GBP-USD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month There is bearish potential for a fall to 1.5940 - 1.5767 while 1.6112 - 1.6220 resist. After this fall a recovery up to 1.6220 or 1.6327 is expected. Key point 1.5683 Entry point 1.6059 Elliott 1.6877 Closing 1.5983 Projection 1.4986 Trendline 1.6445 Trendline 1.6247 Res 2 1.6672 Ex-High 1.6457 Res 1 1.6327 Pivot 1.6112 Sup 1 1.5767 Ex-Low 1.5897 Sup 2 1.5552 1.6433 1.6264 1.5716 1.5547   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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