RTFX TraderTip >> EUR-CHF Analysis - Monday 12 July 2010

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RTFX TraderTip >> EUR-CHF Analysis - 12 Jul 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 EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.3413 Scenario for today Resistances lie around 1.3374 and 1.3395. It should test lower towards 1.3306 zone. A clear break of 1.3340 would be bearish. Key point 1.3359 Entry point 1.3346 Elliott 1.3261 Closing 1.3349 Projection 1.3413 Trendline 1.3309 Trendline 1.3356 Res 2 1.3441 Ex-High 1.3398 Res 1 1.3395 Pivot 1.3352 Sup 1 1.3306 Ex-Low 1.3309 Sup 2 1.3262 1.3416 1.3386 1.3289 1.3259   WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave down 1.3257 Scenario for this week Market should hold major support at 1.3191 before rising towards 1.3421 or even 1.3492 limit. Key point 1.3310 Entry point 1.3239 Elliott 1.4040 Closing 1.3349 Projection 1.3095 Trendline 1.3289 Trendline 1.3284 Res 2 1.3492 Ex-High 1.3413 Res 1 1.3421 Pivot 1.3341 Sup 1 1.3269 Ex-Low 1.3261 Sup 2 1.3189 1.3435 1.3400 1.3286 1.3251   Warning: Harami MONTHLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 1.3016 Scenario for this month Market should not go lower than 1.2761. After this move down it should go up to 1.3884 area. Key point 1.2642 Entry point 1.3450 Elliott 1.4588 Closing 1.3184 Projection 1.2708 Trendline 1.4225 Trendline 1.3863 Res 2 1.4584 Ex-High 1.4225 Res 1 1.3884 Pivot 1.3526 Sup 1 1.2826 Ex-Low 1.3167 Sup 2 1.2467 1.4049 1.3830 1.3120 1.2901   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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