RTFX TraderTip >> EUR-CHF Analysis - Monday 20 April 2009

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RTFX TraderTip >> EUR-CHF Analysis - 20 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 : irregular flat correction up 1.5307 Scenario for today Current rise seems to be over near 1.5222 or 1.5264 for a retracement towards 1.5179 - 1.5150 area. Key point 1.5244 Entry point 1.5149 Elliott 1.5078 Closing 1.5205 Projection 1.5244 Trendline 1.5093 Trendline 1.5106 Res 2 1.5323 Ex-High 1.5238 Res 1 1.5264 Pivot 1.5179 Sup 1 1.5120 Ex-Low 1.5094 Sup 2 1.5035 1.5223 1.5195 1.5102 1.5074   Warning: Imminent end of bullish move WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.5299 Scenario for this week Market should hold major support at 1.5076 before rising towards 1.5273 or even 1.5342 limit. Key point 1.5249 Entry point 1.5164 Elliott 1.5078 Closing 1.5205 Projection 1.5299 Trendline 1.5244 Trendline 1.5189 Res 2 1.5342 Ex-High 1.5244 Res 1 1.5273 Pivot 1.5176 Sup 1 1.5107 Ex-Low 1.5078 Sup 2 1.5010 1.5283 1.5245 1.5121 1.5083   Warning: Low Zone 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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