RTFX TraderTip >> EUR-CHF Analysis - Friday 10 April 2009

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RTFX TraderTip >> EUR-CHF Analysis - 10 Apr 2009 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 : common flat correction up 1.5299 Scenario for today Decline should be supported around 1.5198 - 1.5171 zone for rally to above 1.5297. A clear break of 1.5171 will damage this expected rally. Key point 1.5254 Entry point 1.5254 Elliott 1.5117 Closing 1.5224 Projection 1.5299 Trendline 1.5208 Trendline 1.5299 Res 2 1.5297 Ex-High 1.5271 Res 1 1.5261 Pivot 1.5234 Sup 1 1.5198 Ex-Low 1.5208 Sup 2 1.5171 1.5284 1.5260 1.5181 1.5156   WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.5351 Scenario for this week It should test 1.5441 area after which a sell off down to 1.5115 or extended to 1.4977 area is expected. Key point 1.5172 Entry point 1.5117 Elliott 1.5062 Closing 1.5254 Projection 1.5300 Trendline 1.5274 Trendline 1.5195 Res 2 1.5425 Ex-High 1.5286 Res 1 1.5339 Pivot 1.5201 Sup 1 1.5115 Ex-Low 1.5062 Sup 2 1.4977 1.5356 1.5293 1.5090 1.5027   MONTHLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.5320 Scenario for this month Current upmove should be ended around 1.5504 - 1.5910. Any correction consolidation should find support in 1.5042 - 1.4839 zone. Key point 1.5545 Entry point 1.5062 Elliott 1.4579 Closing 1.5099 Projection 1.5447 Trendline 1.4970 Trendline 1.4970 Res 2 1.5910 Ex-High 1.5447 Res 1 1.5504 Pivot 1.5042 Sup 1 1.4636 Ex-Low 1.4579 Sup 2 1.4174 1.5544 1.5373 1.4821 1.4650   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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