RTFX TraderTip >> GBP-CHF Analysis - Monday 17 August 2009

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RTFX TraderTip >> GBP-CHF Analysis - 17 Aug 2009 The RF Tradertip™ is the presentation of Nostromo system that includes all the technical indicators and resumes the selected currencies pairs' situation on a daily, weekly and monthly basis. DAILY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.7635 Scenario for today It should trade higher to above 1.7788 while 1.7709 - 1.7685 offer support. Stop Loss below 1.7629 zone. Key point 1.7752 Entry point 1.7724 Elliott 1.7870 Closing 1.7740 Projection 1.7635 Trendline 1.7780 Trendline 1.7690 Res 2 1.7835 Ex-High 1.7780 Res 1 1.7788 Pivot 1.7732 Sup 1 1.7685 Ex-Low 1.7677 Sup 2 1.7629 1.7871 1.7837 1.7726 1.7692   WEEKLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.7567 Scenario for this week No comment! Key point 1.7715 Entry point 1.7892 Elliott 1.8091 Closing 1.7740 Projection 1.7392 Trendline 1.8077 Trendline 1.8063 Res 2 1.8231 Ex-High 1.8077 Res 1 1.7986 Pivot 1.7831 Sup 1 1.7586 Ex-Low 1.7677 Sup 2 1.7431 1.8052 1.7959 1.7658 1.7565   Warning: Low Zone MONTHLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 1.8111 Scenario for this month Uptrend is still intact in a triangle configuration. It should continue to rally to 1.7945 or 1.8123 if support around 1.7757 hold. After which a pullback to 1.7757 - 1.7622 zone is possible. Key point 1.8042 Entry point 1.7871 Elliott 1.5850 Closing 1.7853 Projection 1.8497 Trendline 1.7608 Trendline 1.7778 Res 2 1.8392 Ex-High 1.8027 Res 1 1.8123 Pivot 1.7757 Sup 1 1.7488 Ex-Low 1.7392 Sup 2 1.7122 1.8221 1.8059 1.7534 1.7372   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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