RTFX TraderTip >> GBP-CHF Analysis - Friday 30 April 2010

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RTFX TraderTip >> GBP-CHF Analysis - 30 Apr 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 : irregular flat correction up 1.6723 Scenario for today It should trade higher to 1.6673 or above 1.6743 in extention. Supports at 1.6513 and 1.6478. Stop loss below 1.6352 zone. Key point 1.6685 Entry point 1.6554 Elliott 1.6423 Closing 1.6603 Projection 1.6666 Trendline 1.6526 Trendline 1.6526 Res 2 1.6743 Ex-High 1.6618 Res 1 1.6673 Pivot 1.6548 Sup 1 1.6478 Ex-Low 1.6423 Sup 2 1.6352 1.6674 1.6630 1.6488 1.6444   Warning: Engulfing pattern WEEKLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week If market stays below 1.6576 a fall to 1.6359 is expected. If market breaks the point 1.6698 it could reach the sky. Key point 1.6635 Entry point 1.6443 Elliott 1.5808 Closing 1.6507 Projection 1.7113 Trendline 1.6328 Trendline 1.6344 Res 2 1.6888 Ex-High 1.6645 Res 1 1.6698 Pivot 1.6454 Sup 1 1.6263 Ex-Low 1.6210 Sup 2 1.6019 1.6760 1.6655 1.6316 1.6211   MONTHLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It may meet resistance in 1.6002 - 1.6041 zone for a drift down to 1.5770 zone, after which bounce to 1.6274 is anticipated. Key point 1.6092 Entry point 1.5950 Elliott 1.5808 Closing 1.6003 Projection 1.7113 Trendline 1.6441 Trendline 1.5606 Res 2 1.6545 Ex-High 1.6312 Res 1 1.6274 Pivot 1.6041 Sup 1 1.5770 Ex-Low 1.5808 Sup 2 1.5537 1.6677 1.6489 1.5879 1.5691   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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