RTFX TraderTip >> USD-CHF Analysis - Monday 29 March 2010

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RTFX TraderTip >> USD-CHF Analysis - 29 Mar 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 USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.0577 Scenario for today Market should not go lower than 1.0644 - 1.0610. After this move down it should go up to 1.0699 - 1.0720 area. Key point 1.0612 Entry point 1.0693 Elliott 1.0752 Closing 1.0652 Projection 1.0547 Trendline 1.0746 Trendline 1.0741 Res 2 1.0788 Ex-High 1.0746 Res 1 1.0720 Pivot 1.0678 Sup 1 1.0610 Ex-Low 1.0637 Sup 2 1.0569 1.0743 1.0711 1.0608 1.0576   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 1.0743 Scenario for this week Strength can extend to 1.0702 or even 1.0753 as declines are expected to find support at 1.0650 or 1.0599. Stop Loss below 1.0549 zone. Key point 1.0654 Entry point 1.0607 Elliott 1.0507 Closing 1.0652 Projection 1.0743 Trendline 1.0547 Trendline 1.0587 Res 2 1.0855 Ex-High 1.0752 Res 1 1.0753 Pivot 1.0650 Sup 1 1.0549 Ex-Low 1.0547 Sup 2 1.0446 1.0774 1.0727 1.0574 1.0527   MONTHLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : correction zigzag 1.0941 Scenario for this month While below 1.0820 - 1.0928 it is more likely to fall further towards 1.0619 or 1.0526. Premature rise above 1.0928 could see it rising above 1.1114 zone. Key point 1.0695 Entry point 1.0649 Elliott 0.9917 Closing 1.0741 Projection 1.1183 Trendline 1.0447 Trendline 1.0864 Res 2 1.1114 Ex-High 1.0899 Res 1 1.0928 Pivot 1.0713 Sup 1 1.0526 Ex-Low 1.0498 Sup 2 1.0311 1.1015 1.0894 1.0503 1.0382   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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