RTFX TraderTip >> EUR-CHF Analysis - Monday 27 April 2009

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RTFX TraderTip >> EUR-CHF Analysis - 27 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 1.4998 Scenario for today It looks set to visit further lower territory down to around 1.5062. Its corrective attempts should fail ahead of 1.5103 or 1.5117. Stop loss above 1.5131 zone. Key point 1.5095 Entry point 1.5107 Elliott 1.5238 Closing 1.5090 Projection 1.4979 Trendline 1.5158 Trendline 1.5140 Res 2 1.5172 Ex-High 1.5144 Res 1 1.5131 Pivot 1.5103 Sup 1 1.5062 Ex-Low 1.5075 Sup 2 1.5034 1.5175 1.5154 1.5086 1.5065   WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.5006 Scenario for this week Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.5047 or 1.5035. Major support is clustered around 1.4971 limit. Key point 1.5069 Entry point 1.5135 Elliott 1.5299 Closing 1.5090 Projection 1.4916 Trendline 1.5202 Trendline 1.5204 Res 2 1.5279 Ex-High 1.5224 Res 1 1.5184 Pivot 1.5130 Sup 1 1.5035 Ex-Low 1.5075 Sup 2 1.4981 1.5211 1.5176 1.5064 1.5029   Warning: Imminent end of bearish move 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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