RTFX TraderTip >> GBP-CHF Analysis - Tuesday 16 February 2010

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RTFX TraderTip >> GBP-CHF Analysis - 16 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 : flat correction up 1.6956 Scenario for today Our preferred outlook is for a drift down to 1.6844 or below 1.6813. Resistances are at 1.6876 and 1.6878. A rise above 1.6909 would delay but not abort this expected fall. Key point 1.6948 Entry point 1.6939 Elliott 1.6593 Closing 1.6876 Projection 1.7019 Trendline 1.6933 Trendline 1.6973 Res 2 1.6943 Ex-High 1.6911 Res 1 1.6909 Pivot 1.6878 Sup 1 1.6844 Ex-Low 1.6846 Sup 2 1.6813 1.6918 1.6877 1.6744 1.6702   Warning: Harami WEEKLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 1.6809 Scenario for this week It may attempt a test higher to 1.6911 - 1.7017 after which weakness may set it to a drift down to 1.6660 limit. Key point 1.6844 Entry point 1.6870 Elliott 1.7113 Closing 1.6871 Projection 1.6809 Trendline 1.6920 Trendline 1.6869 Res 2 1.7162 Ex-High 1.6951 Res 1 1.7017 Pivot 1.6805 Sup 1 1.6660 Ex-Low 1.6593 Sup 2 1.6448 1.6996 1.6931 1.6720 1.6655   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 1.6869 Entry point 1.6593 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 1.7255 1.7066 1.6455 1.6266   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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