RTFX TraderTip >> USD-CHF Analysis - Thursday 16 April 2009

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RTFX TraderTip >> USD-CHF Analysis - 16 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 USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 1.1502 Scenario for today Strength can extend to 1.1458 or even higher than 1.1488 as declines are expected to find support at 1.1397 or 1.1367. A fall below 1.1307 could turn it bearish. Key point 1.1436 Entry point 1.1409 Elliott 1.1304 Closing 1.1428 Projection 1.1502 Trendline 1.1364 Trendline 1.1413 Res 2 1.1549 Ex-High 1.1488 Res 1 1.1488 Pivot 1.1428 Sup 1 1.1367 Ex-Low 1.1367 Sup 2 1.1307 1.1568 1.1525 1.1388 1.1345   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.1624 Scenario for this week Market looks set for gains towards 1.1702 or above in extension. Dips should find support at 1.1472 - 1.1395 zone. Key point 1.1367 Entry point 1.1304 Elliott 1.1241 Closing 1.1550 Projection 1.1624 Trendline 1.1428 Trendline 1.1428 Res 2 1.1855 Ex-High 1.1624 Res 1 1.1702 Pivot 1.1472 Sup 1 1.1319 Ex-Low 1.1241 Sup 2 1.1089 1.1723 1.1617 1.1273 1.1167   Warning: Engulfing pattern MONTHLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.1219 Scenario for this month No comment! Key point 1.1283 Entry point 1.1624 Elliott 1.1965 Closing 1.1395 Projection 1.1160 Trendline 1.1602 Trendline 1.1602 Res 2 1.2312 Ex-High 1.1965 Res 1 1.1853 Pivot 1.1507 Sup 1 1.1048 Ex-Low 1.1160 Sup 2 1.0702 1.1977 1.1794 1.1201 1.1018   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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