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

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RTFX TraderTip >> EUR-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 EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction up 1.3522 Scenario for today It should try higher up to 1.3437 - 1.3479. Entry point 1.3395 or 1.3371. After this rise, a correction is expected. Key point 1.3484 Entry point 1.3370 Elliott 1.3306 Closing 1.3431 Projection 1.3481 Trendline 1.3313 Trendline 1.3313 Res 2 1.3527 Ex-High 1.3443 Res 1 1.3479 Pivot 1.3395 Sup 1 1.3347 Ex-Low 1.3311 Sup 2 1.3263 1.3483 1.3449 1.3338 1.3303   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 1.3482 Scenario for this week Difficult to predict the next move. If first down it should hold 1.3330 or 1.3279. If first up it should face resistance in 1.3437 - 1.3495 zone to 1.3279 zone. Key point 1.3396 Entry point 1.3372 Elliott 1.2767 Closing 1.3394 Projection 1.3482 Trendline 1.3365 Trendline 1.3366 Res 2 1.3595 Ex-High 1.3481 Res 1 1.3495 Pivot 1.3380 Sup 1 1.3279 Ex-Low 1.3266 Sup 2 1.3165 1.3523 1.3467 1.3286 1.3230   Warning: Harami MONTHLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : support in a triangle up 1.3209 Scenario for this month It may attempt a test higher to 1.3403 - 1.3615 after which weakness may set it to a drift down to below 1.2972 limit. Key point 1.3762 Entry point 1.3264 Elliott 1.2767 Closing 1.3397 Projection 1.3925 Trendline 1.3437 Trendline 1.2893 Res 2 1.3833 Ex-High 1.3409 Res 1 1.3615 Pivot 1.3191 Sup 1 1.2972 Ex-Low 1.2767 Sup 2 1.2548 1.3586 1.3451 1.3015 1.2880   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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