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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.

30 January 2012 (Updated 27/1/2012 23:00 CET)RTFX TraderTip: EUR – USD Monthly Technical Analysis

Scenario for the month
Elliott: crucial reversal point
Market should not go lower than 1.2517. After this move down it should go up to 1.3374 area.
Warning: Imminent end of bearish move
Technical points
Key point1.3009
Entry point1.3190
Elliott1.4940
Closing1.2942
Projection1.1942
Trendline1.3534
Trendline1.3357
Supports / Resistances
Res 21.3807
Ex-High1.3549
Res 11.3374
Pivot1.3116
Sup 11.2684
Ex-Low1.2859
Sup 21.2426
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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