RTFX TraderTip >> GBP-CAD Analysis - Friday 30 July 2010

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RTFX TraderTip >> GBP-CAD Analysis - 30 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 GBP-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : impulse wave up 1.6279 Scenario for today It should trade higher to above 1.6230 while 1.6168 offer support. Minor support at 1.6129. Stop Loss below 1.6067 zone. Key point 1.6247 Entry point 1.6207 Elliott 1.5925 Closing 1.6191 Projection 1.6234 Trendline 1.6145 Trendline 1.6197 Res 2 1.6269 Ex-High 1.6207 Res 1 1.6230 Pivot 1.6168 Sup 1 1.6129 Ex-Low 1.6106 Sup 2 1.6067 1.6218 1.6175 1.6036 1.5993   Warning: Harami WEEKLY TECHNICAL ANALYSIS GBP-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle up 1.5899 Scenario for this week While below 1.6084 - 1.6180 it is more likely to fall further towards 1.5787 or 1.5596. Key point 1.6175 Entry point 1.6079 Elliott 1.5424 Closing 1.5979 Projection 1.6668 Trendline 1.5797 Trendline 1.6170 Res 2 1.6381 Ex-High 1.6189 Res 1 1.6180 Pivot 1.5988 Sup 1 1.5787 Ex-Low 1.5797 Sup 2 1.5596 1.6302 1.6198 1.5861 1.5757   Warning: Harami MONTHLY TECHNICAL ANALYSIS GBP-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It should trade higher to 1.6226 while 1.5616 or 1.5453 offers support. Stop loss below 1.5289 zone. Key point 1.5842 Entry point 1.5404 Elliott 1.4835 Closing 1.5900 Projection 1.6727 Trendline 1.5005 Trendline 1.5176 Res 2 1.6552 Ex-High 1.5942 Res 1 1.6226 Pivot 1.5616 Sup 1 1.5289 Ex-Low 1.5006 Sup 2 1.4679 1.6342 1.6076 1.5215 1.4949   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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