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

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RTFX TraderTip >> USD-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 USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.0698 Scenario for today It should test 1.0772 area after which a sell off down to 1.0685 or extended to 1.0639 area is expected. Key point 1.0726 Entry point 1.0726 Elliott 1.0883 Closing 1.0732 Projection 1.0698 Trendline 1.0744 Trendline 1.0704 Res 2 1.0799 Ex-High 1.0752 Res 1 1.0765 Pivot 1.0719 Sup 1 1.0685 Ex-Low 1.0672 Sup 2 1.0639 1.0828 1.0801 1.0717 1.0690   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 1.0792 Scenario for this week Current move should be supported in 1.0702 - 1.0642 zone for a rise to 1.0853. A break below 1.0551 opens the way down. Key point 1.0737 Entry point 1.0732 Elliott 1.0563 Closing 1.0732 Projection 1.0792 Trendline 1.0672 Trendline 1.0781 Res 2 1.0973 Ex-High 1.0883 Res 1 1.0853 Pivot 1.0762 Sup 1 1.0642 Ex-Low 1.0672 Sup 2 1.0551 1.0883 1.0834 1.0676 1.0627   MONTHLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month While above 1.0655 - 1.0555 zone a corrective dip could test 1.0756 or 1.0887. After which it should resume his downtrend. Key point 1.0667 Entry point 1.0710 Elliott 1.1965 Closing 1.0687 Projection 1.0165 Trendline 1.0745 Trendline 1.0704 Res 2 1.1088 Ex-High 1.0956 Res 1 1.0887 Pivot 1.0756 Sup 1 1.0555 Ex-Low 1.0624 Sup 2 1.0424 1.1019 1.0919 1.0594 1.0494   Warning: Harami Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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