RTFX TraderTip >> USD-CHF Analysis - Monday 16 November 2009

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RTFX TraderTip >> USD-CHF Analysis - 16 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 : flat correction down 1.0058 Scenario for today It looks more likely that it would rise to 1.0169 - 1.0218 from 1.0110 or 1.0086. After which a downside move is expected. Key point 1.0094 Entry point 1.0147 Elliott 1.0194 Closing 1.0119 Projection 1.0096 Trendline 1.0103 Trendline 1.0145 Res 2 1.0218 Ex-High 1.0185 Res 1 1.0169 Pivot 1.0135 Sup 1 1.0086 Ex-Low 1.0102 Sup 2 1.0052 1.0168 1.0145 1.0071 1.0048   Warning: Harami WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.0034 Scenario for this week Market should hold major support at 0.9977 before rising towards 1.0197 or even 1.0275 limit. Key point 1.0123 Entry point 1.0096 Elliott 1.0338 Closing 1.0119 Projection 1.0034 Trendline 1.0194 Trendline 1.0050 Res 2 1.0275 Ex-High 1.0194 Res 1 1.0197 Pivot 1.0116 Sup 1 1.0038 Ex-Low 1.0035 Sup 2 0.9957 1.0213 1.0176 1.0057 1.0020   MONTHLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should test 1.0324 area after which a sell off down to 1.0048 or extended to 0.9832 area is expected. Key point 1.0224 Entry point 1.0199 Elliott 1.1965 Closing 1.0264 Projection 0.9478 Trendline 1.0380 Trendline 1.0258 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 1.0395 1.0034 0.9922   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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