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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: GBP – USD Daily Technical Analysis

Scenario for today
Elliott: irregular flat correction down 1.5724
It should be subject to more sell off towards 1.5757 or 1.5699. Corrective upward swings should face resistance around 1.5837 area. A break of 1.5920 is bullish.
Warning: Engulfing pattern
Technical points
Key point1.5827
Entry point1.5844
Elliott1.5861
Closing1.5816
Projection1.5750
Trendline1.5816
Trendline1.5816
Supports / Resistances
Res 21.5920
Ex-High1.5861
Res 11.5868
Pivot1.5809
Sup 11.5757
Ex-Low1.5750
Sup 21.5699
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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