RTFX TraderTip >> GBP-CHF Analysis - Thursday 21 October 2010

[RTFX-Trading]

RTFX TraderTip >> GBP-CHF Analysis - 21 Oct 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-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.5340 Scenario for today Market should hold major support at 1.5152 before rising towards 1.5300 or even 1.5356 limit. Key point 1.5285 Entry point 1.5207 Elliott 1.5129 Closing 1.5243 Projection 1.5281 Trendline 1.5283 Trendline 1.5201 Res 2 1.5356 Ex-High 1.5271 Res 1 1.5300 Pivot 1.5214 Sup 1 1.5158 Ex-Low 1.5129 Sup 2 1.5072 1.5369 1.5324 1.5181 1.5137   WEEKLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.5113 Scenario for this week While below 1.5371 it is more likely to fall further towards 1.5135 level. Key point 1.5259 Entry point 1.5264 Elliott 1.6760 Closing 1.5320 Projection 1.4603 Trendline 1.5313 Trendline 1.5321 Res 2 1.5607 Ex-High 1.5422 Res 1 1.5464 Pivot 1.5279 Sup 1 1.5135 Ex-Low 1.5093 Sup 2 1.4950 1.5475 1.5389 1.5111 1.5025   Warning: End of trend MONTHLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.5024 Scenario for this month Market should not go lower than 1.5401 - 1.5199. After this move down it should go up to 1.5724 - 1.5846 area. Key point 1.5044 Entry point 1.5439 Elliott 1.7076 Closing 1.5442 Projection 1.5024 Trendline 1.6153 Trendline 1.5729 Res 2 1.6250 Ex-High 1.6007 Res 1 1.5846 Pivot 1.5603 Sup 1 1.5199 Ex-Low 1.5360 Sup 2 1.4957 1.5933 1.5766 1.5227 1.5060   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September Square Mosta, MST 1180 Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.