RTFX TraderTip >> EUR-CHF Analysis - Friday 25 December 2009

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RTFX TraderTip >> EUR-CHF Analysis - 25 Dec 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 : elongated flat correction down 1.4826 Scenario for today It should test 1.4923 area after which a sell off down to 1.4884 or extended to 1.4859 area is expected. Key point 1.4895 Entry point 1.4898 Elliott 1.4990 Closing 1.4908 Projection 1.4888 Trendline 1.4916 Trendline 1.4885 Res 2 1.4947 Ex-High 1.4922 Res 1 1.4928 Pivot 1.4903 Sup 1 1.4884 Ex-Low 1.4878 Sup 2 1.4859 1.4970 1.4952 1.4893 1.4875   Warning: Low Zone - Harami WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave down 1.4811 Scenario for this week Market should not go lower than 1.4929 - 1.4859. After this move down it should go up to 1.5046 - 1.5091 area. Key point 1.4839 Entry point 1.4990 Elliott 1.5141 Closing 1.4951 Projection 1.4853 Trendline 1.5070 Trendline 1.5070 Res 2 1.5232 Ex-High 1.5141 Res 1 1.5091 Pivot 1.5000 Sup 1 1.4859 Ex-Low 1.4908 Sup 2 1.4768 1.5118 1.5065 1.4892 1.4839   Warning: Imminent end of bearish move - Engulfing pattern MONTHLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.4828 Scenario for this month It should test 1.5094 area after which a sell off down to 1.5016 or extended to 1.4947 area is expected. Key point 1.5107 Entry point 1.5088 Elliott 1.5365 Closing 1.5085 Projection 1.4786 Trendline 1.5112 Trendline 1.5088 Res 2 1.5215 Ex-High 1.5146 Res 1 1.5150 Pivot 1.5081 Sup 1 1.5016 Ex-Low 1.5012 Sup 2 1.4947 1.5205 1.5143 1.4943 1.4881   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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