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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.

28 May 2012 (Updated 25/05/2012 23:00 CET)RTFX TraderTip: EUR – USD

Scenario for the week
Elliott extended impulse wave down 1.2392
Market should not go lower than 1.2359. After this move down it should go up to 1.2726 area.
Warning: End of trend - Imminent end of bearish move
Technical points
Key point1.2363
Entry point1.2566
Elliott1.3284
Closing1.2512
Projection1.2392
Trendline1.2725
Trendline1.2705
Supports / Resistances
Res 21.294
Ex-High1.2825
Res 11.2726
Pivot1.2611
Sup 11.2397
Ex-Low1.2496
Sup 21.2282
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.

RTFX Tradertip User Guide

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