RTFX TraderTip >> GBP-CHF Analysis - Monday 08 February 2010

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RTFX TraderTip >> GBP-CHF Analysis - 8 Feb 2010 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 GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.6625 Scenario for today While below 1.6770 - 1.6847 it could fall towards below 1.6582. Rise above 1.6895 could activate some bullish pattern. Key point 1.6655 Entry point 1.6837 Elliott 1.7019 Closing 1.6770 Projection 1.6594 Trendline 1.6849 Trendline 1.6849 Res 2 1.7113 Ex-High 1.7019 Res 1 1.6942 Pivot 1.6847 Sup 1 1.6676 Ex-Low 1.6753 Sup 2 1.6582 1.6956 1.6911 1.6765 1.6720   Warning: Engulfing pattern WEEKLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.6622 Scenario for this week While below 1.6895 - 1.6942 it might drop to 1.6676 or 1.6582. Key point 1.6655 Entry point 1.6835 Elliott 1.7113 Closing 1.6770 Projection 1.6622 Trendline 1.6885 Trendline 1.6898 Res 2 1.7113 Ex-High 1.7019 Res 1 1.6942 Pivot 1.6847 Sup 1 1.6676 Ex-Low 1.6753 Sup 2 1.6582 1.6989 1.6928 1.6729 1.6668   Warning: Harami MONTHLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.7055 Scenario for this month Currently uptrend should end around 1.7033 - 1.7271 area. A correction down to 1.6635 - 1.6476 is expected. A rise above 1.7590 will abort the expected correction. Key point 1.7189 Entry point 1.6753 Elliott 1.6318 Closing 1.6952 Projection 1.7113 Trendline 1.6722 Trendline 1.6722 Res 2 1.7590 Ex-High 1.7113 Res 1 1.7271 Pivot 1.6794 Sup 1 1.6476 Ex-Low 1.6318 Sup 2 1.5999 1.7230 1.7066 1.6535 1.6371   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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