RTFX TraderTip >> GBP-CHF Analysis - Wednesday 09 September 2009

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RTFX TraderTip >> GBP-CHF Analysis - 9 Sep 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 : flat correction down 1.7158 Scenario for today Market should not go lower than 1.7257 - 1.7218. After this move down it should go up to 1.7323 - 1.7349 area. Key point 1.7227 Entry point 1.7305 Elliott 1.7441 Closing 1.7269 Projection 1.7158 Trendline 1.7366 Trendline 1.7349 Res 2 1.7428 Ex-High 1.7377 Res 1 1.7349 Pivot 1.7297 Sup 1 1.7218 Ex-Low 1.7246 Sup 2 1.7166 1.7412 1.7378 1.7266 1.7232   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.7227 Scenario for this week It should be subject to more sell off towards 1.7274 or 1.7218. Corrective upward swings should face resistance around 1.7541 area. A break of 1.7613 is bullish. Key point 1.7268 Entry point 1.7289 Elliott 1.8091 Closing 1.7390 Projection 1.6960 Trendline 1.7335 Trendline 1.7278 Res 2 1.7613 Ex-High 1.7441 Res 1 1.7501 Pivot 1.7330 Sup 1 1.7218 Ex-Low 1.7158 Sup 2 1.7047 1.7491 1.7423 1.7202 1.7134   Warning: Harami MONTHLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.7153 Scenario for this month Market should not go lower than 1.7200 - 1.6903. After this move down it should go up to 1.7669 - 1.7841 area. Key point 1.6791 Entry point 1.7441 Elliott 1.8091 Closing 1.7247 Projection 1.7153 Trendline 1.7666 Trendline 1.7666 Res 2 1.8435 Ex-High 1.8091 Res 1 1.7841 Pivot 1.7497 Sup 1 1.6903 Ex-Low 1.7153 Sup 2 1.6559 1.7955 1.7766 1.7155 1.6966   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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