RTFX TraderTip >> EUR-CHF Analysis - Tuesday 27 October 2009

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RTFX TraderTip >> EUR-CHF Analysis - 27 Oct 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 : irregular flat correction up 1.5217 Scenario for today Currently uptrend should end around 1.5159 - 1.5156 area. A correction down to below 1.5128 is expected. A rise above 1.5167 will abort the expected correction. Key point 1.5160 Entry point 1.5140 Elliott 1.5091 Closing 1.5146 Projection 1.5154 Trendline 1.5115 Trendline 1.5145 Res 2 1.5167 Ex-High 1.5149 Res 1 1.5156 Pivot 1.5139 Sup 1 1.5128 Ex-Low 1.5121 Sup 2 1.5111 1.5151 1.5141 1.5109 1.5099   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.5047 Scenario for this week One more dip to 1.5114 is likely followed by a grind higher to 1.5182. After which it can resume its downtrend. Key point 1.5117 Entry point 1.5146 Elliott 1.5204 Closing 1.5138 Projection 1.5077 Trendline 1.5181 Trendline 1.5158 Res 2 1.5227 Ex-High 1.5181 Res 1 1.5182 Pivot 1.5137 Sup 1 1.5092 Ex-Low 1.5091 Sup 2 1.5047 1.5183 1.5165 1.5106 1.5088   MONTHLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.5033 Scenario for this month It may attempt a test higher to 1.5205 - 1.5248 after which weakness may set it to a drift down to below 1.5085 limit. Key point 1.5168 Entry point 1.5150 Elliott 1.5365 Closing 1.5170 Projection 1.5007 Trendline 1.5240 Trendline 1.5115 Res 2 1.5325 Ex-High 1.5240 Res 1 1.5248 Pivot 1.5162 Sup 1 1.5085 Ex-Low 1.5077 Sup 2 1.4999 1.5266 1.5222 1.5081 1.5037   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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