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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 April 2012 (Updated 27/04/2012 23:00 CET)RTFX TraderTip: GBP – USD

Scenario for today
Elliott impulse wave up 1.6362
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.6288 or 1.6306 if support around 1.6230 hold. After which a pullback to 1.6230 - 1.6205 zone is possible.
Warning: End of trend - Imminent end of bullish move - Engulfing pattern
Technical points
Key point1.6295
Entry point1.6225
Elliott1.6082
Closing1.6256
Projection1.6362
Trendline1.62
Trendline1.62
Supports / Resistances
Res 21.6356
Ex-High1.628
Res 11.6306
Pivot1.623
Sup 11.6179
Ex-Low1.6154
Sup 21.6103
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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