RTFX TraderTip >> EUR-CHF Analysis - Friday 17 April 2009

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RTFX TraderTip >> EUR-CHF Analysis - 17 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 : elongated flat correction down 1.5040 Scenario for today A correction down to 1.5082 or lower is now expected from 1.5118 or 1.5136. A break above 1.5190 is needed to turn bullish. Key point 1.5114 Entry point 1.5124 Elliott 1.5271 Closing 1.5118 Projection 1.5022 Trendline 1.5131 Trendline 1.5124 Res 2 1.5190 Ex-High 1.5154 Res 1 1.5154 Pivot 1.5118 Sup 1 1.5082 Ex-Low 1.5082 Sup 2 1.5046 1.5199 1.5175 1.5096 1.5072   Warning: Low Zone - Harami WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.5006 Scenario for this week It looks set for gains to above 1.5306. Supports at 1.5168 and 1.5211. A break of 1.5124 will damage this bullish structure. Key point 1.5189 Entry point 1.5244 Elliott 1.5299 Closing 1.5218 Projection 1.5062 Trendline 1.5117 Trendline 1.5172 Res 2 1.5393 Ex-High 1.5299 Res 1 1.5306 Pivot 1.5211 Sup 1 1.5124 Ex-Low 1.5117 Sup 2 1.5029 1.5326 1.5272 1.5098 1.5044   Warning: End of trend 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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