RTFX TraderTip >> EUR-CHF Analysis - Thursday 10 September 2009

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RTFX TraderTip >> EUR-CHF Analysis - 10 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 EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave down 1.5083 Scenario for today It should be subject to more weakness towards 1.5147. After which a correction to above 1.5173 is anticipated. A break of 1.5138 is bearish. Key point 1.5143 Entry point 1.5156 Elliott 1.5204 Closing 1.5157 Projection 1.5150 Trendline 1.5180 Trendline 1.5156 Res 2 1.5190 Ex-High 1.5180 Res 1 1.5173 Pivot 1.5164 Sup 1 1.5147 Ex-Low 1.5154 Sup 2 1.5138 1.5197 1.5186 1.5150 1.5139   Warning: Imminent end of bearish move - Harami WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 1.5272 Scenario for this week It should be subject to more sell off towards 1.5146 or 1.5133. Corrective upward swings should face resistance around 1.5199 area. A break of 1.5223 is bullish. Key point 1.5176 Entry point 1.5150 Elliott 1.5124 Closing 1.5169 Projection 1.5244 Trendline 1.5187 Trendline 1.5130 Res 2 1.5223 Ex-High 1.5187 Res 1 1.5196 Pivot 1.5160 Sup 1 1.5133 Ex-Low 1.5124 Sup 2 1.5097 1.5214 1.5196 1.5137 1.5119   MONTHLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.5059 Scenario for this month Current move should be supported in 1.5157 - 1.5088 zone for a rise to 1.5318. A break below 1.4996 opens the way down. Key point 1.5043 Entry point 1.5204 Elliott 1.5365 Closing 1.5179 Projection 1.5007 Trendline 1.5180 Trendline 1.5199 Res 2 1.5456 Ex-High 1.5365 Res 1 1.5318 Pivot 1.5226 Sup 1 1.5088 Ex-Low 1.5135 Sup 2 1.4996 1.5332 1.5284 1.5130 1.5082   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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