RTFX TraderTip >> GBP-CHF Analysis - Friday 10 December 2010

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RTFX TraderTip >> GBP-CHF Analysis - 10 Dec 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 down 1.5435 Scenario for today Market should pop up towards 1.5552 or 1.5578 this bullish scenario would be damaged if 1.5492 - 1.5458 zone is broken, a severe break down could then occur. Key point 1.5482 Entry point 1.5540 Elliott 1.5621 Closing 1.5509 Projection 1.5435 Trendline 1.5596 Trendline 1.5570 Res 2 1.5647 Ex-High 1.5596 Res 1 1.5578 Pivot 1.5527 Sup 1 1.5458 Ex-Low 1.5476 Sup 2 1.5407 1.5601 1.5563 1.5438 1.5399   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.5282 Scenario for this week Market should not go lower than 1.5189. After this move down it should go up to 1.5642 area. Key point 1.5493 Entry point 1.5570 Elliott 1.6005 Closing 1.5386 Projection 1.5059 Trendline 1.5742 Trendline 1.5551 Res 2 1.5898 Ex-High 1.5737 Res 1 1.5642 Pivot 1.5480 Sup 1 1.5224 Ex-Low 1.5319 Sup 2 1.5063 1.5790 1.5679 1.5321 1.5210   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It looks more likely that it would rise to 1.5941 - 1.6266 from 1.5519 or 1.5357. After which a downside move is expected. Key point 1.5468 Entry point 1.5737 Elliott 1.6005 Closing 1.5617 Projection 1.5093 Trendline 1.5420 Trendline 1.5748 Res 2 1.6266 Ex-High 1.6005 Res 1 1.5941 Pivot 1.5681 Sup 1 1.5357 Ex-Low 1.5421 Sup 2 1.5096 1.6026 1.5871 1.5370 1.5215   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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