RTFX TraderTip >> USD-CHF Analysis - Monday 14 June 2010

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RTFX TraderTip >> USD-CHF Analysis - 14 Jun 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 : zigzag or flat correction 1.1569 Scenario for today Currently uptrend should end around 1.1527 - 1.1567 area. A correction down to 1.1456 - 1.1426 is expected. A rise above 1.1627 will abort the expected correction. Key point 1.1536 Entry point 1.1459 Elliott 1.1398 Closing 1.1506 Projection 1.1569 Trendline 1.1406 Trendline 1.1413 Res 2 1.1627 Ex-High 1.1547 Res 1 1.1567 Pivot 1.1486 Sup 1 1.1426 Ex-Low 1.1406 Sup 2 1.1345 1.1596 1.1558 1.1435 1.1398   WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It is likely to fall towards 1.1452 - 1.1378 as its corrective rally could falter in 1.1590 - 1.1654 area. Stop above 1.1802 zone. Key point 1.1477 Entry point 1.1571 Elliott 1.1732 Closing 1.1506 Projection 1.1262 Trendline 1.1674 Trendline 1.1617 Res 2 1.1802 Ex-High 1.1674 Res 1 1.1654 Pivot 1.1526 Sup 1 1.1378 Ex-Low 1.1398 Sup 2 1.1250 1.1689 1.1625 1.1418 1.1354   MONTHLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2087 or 1.1915 if support around 1.1329 hold. After which a pullback to 1.1329 - 1.1146 zone is possible. Key point 1.2053 Entry point 1.1389 Elliott 1.0435 Closing 1.1548 Projection 1.1868 Trendline 1.0744 Trendline 1.1052 Res 2 1.2281 Ex-High 1.1696 Res 1 1.1915 Pivot 1.1329 Sup 1 1.0963 Ex-Low 1.0744 Sup 2 1.0377 1.1913 1.1714 1.1071 1.0872   Warning: End of trend - Imminent end of bullish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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