RTFX TraderTip >> EUR-CHF Analysis - Tuesday 09 February 2010

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RTFX TraderTip >> EUR-CHF Analysis - 9 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 EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4578 Scenario for today Decline should be supported around 1.4586 zone for rally to above 1.4679. A clear break of 1.4586 will damage this expected rally. Key point 1.4587 Entry point 1.4610 Elliott 1.4810 Closing 1.4650 Projection 1.4559 Trendline 1.4691 Trendline 1.4573 Res 2 1.4709 Ex-High 1.4691 Res 1 1.4679 Pivot 1.4662 Sup 1 1.4633 Ex-Low 1.4645 Sup 2 1.4615 1.4756 1.4728 1.4639 1.4611   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4578 Scenario for this week No comment! Key point 1.4573 Entry point 1.4692 Elliott 1.4810 Closing 1.4662 Projection 1.4559 Trendline 1.4693 Trendline 1.4693 Res 2 1.4928 Ex-High 1.4810 Res 1 1.4795 Pivot 1.4677 Sup 1 1.4544 Ex-Low 1.4559 Sup 2 1.4427 1.4797 1.4751 1.4602 1.4556   Warning: End of trend - Engulfing pattern MONTHLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an elongated correction 1.4828 Scenario for this month It is likely to fall to 1.4597 or below 1.4489 in extension while 1.4744 - 1.4798 area offer resistance. Above 1.4852 the outlook could turn bullish. Key point 1.4729 Entry point 1.4764 Elliott 1.5365 Closing 1.4705 Projection 1.4259 Trendline 1.4946 Trendline 1.4796 Res 2 1.4998 Ex-High 1.4891 Res 1 1.4852 Pivot 1.4744 Sup 1 1.4597 Ex-Low 1.4636 Sup 2 1.4489 1.4928 1.4850 1.4598 1.4520   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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