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RTFX TraderTip

RTFX TraderTip is a forex report created by our Nostromo system, which presents all the technical indicators (resistance, support, channels, moving average, oscillator, projection, objectives, cycle, overbought or oversold area, etc…). It is generated for the following selected currencies pairs.

Nostromo will generate a daily, weekly and monthly commentary, giving the key entry and exit points as well as the risky points.

06 February 2012 (Updated 3/2/2012 23:00 CET)RTFX TraderTip: EUR – USD Monthly Technical Analysis

Scenario for the month
Elliott: crucial reversal point
It should test 1.3406 area after which a sell off down to 1.2731 or extended to 1.2379 area is expected.
Warning: End of trend
Technical points
Key point1.3215
Entry point1.3029
Elliott1.4940
Closing1.3084
Projection1.2770
Trendline1.3191
Trendline1.3011
Supports / Resistances
Res 21.3574
Ex-High1.3222
Res 11.3329
Pivot1.2976
Sup 11.2731
Ex-Low1.2624
Sup 21.2379
Channels & Oscillator
Disclaimer

RTFX Ltd (“RTFX”) is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX at the time of preparation. They are thus subject to change without notice. RTFX believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX or any director, officer or employee.

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