RTFX TraderTip >> USD-CHF Analysis - Monday 02 November 2009

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RTFX TraderTip >> USD-CHF Analysis - 2 Nov 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 : irregular flat correction up 1.0337 Scenario for today It should be subject to more sell off towards 1.0189 or 1.0113. Corrective upward swings should face resistance around 1.0359 area. A break of 1.0351 is bullish. Key point 1.0311 Entry point 1.0234 Elliott 1.0157 Closing 1.0264 Projection 1.0367 Trendline 1.0276 Trendline 1.0265 Res 2 1.0351 Ex-High 1.0276 Res 1 1.0308 Pivot 1.0232 Sup 1 1.0189 Ex-Low 1.0157 Sup 2 1.0113 1.0307 1.0277 1.0180 1.0150   WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.0347 Scenario for this week It should trade higher to 1.0350 while 1.0201 or 1.0158 offers support. Stop loss below 1.0115 zone. Key point 1.0358 Entry point 1.0176 Elliott 1.0034 Closing 1.0264 Projection 1.0452 Trendline 1.0052 Trendline 1.0070 Res 2 1.0436 Ex-High 1.0287 Res 1 1.0350 Pivot 1.0201 Sup 1 1.0115 Ex-Low 1.0052 Sup 2 0.9966 1.0359 1.0305 1.0129 1.0075   MONTHLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should test 1.0306 area after which a sell off down to 1.0048 or extended to 0.9832 area is expected. Key point 1.0238 Entry point 1.0216 Elliott 1.1965 Closing 1.0264 Projection 0.9478 Trendline 1.0380 Trendline 1.0309 Res 2 1.0668 Ex-High 1.0452 Res 1 1.0466 Pivot 1.0250 Sup 1 1.0048 Ex-Low 1.0034 Sup 2 0.9832 1.0507 1.0410 1.0097 1.0000   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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