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

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RTFX TraderTip >> EUR-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 EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.2928 Scenario for today It is likely to fall towards 1.2965 - 1.2910 unless a corrective rally breaks the 1.3060 resistance. Stop above 1.3087 zone. Key point 1.2999 Entry point 1.3059 Elliott 1.3122 Closing 1.3019 Projection 1.2928 Trendline 1.3094 Trendline 1.3089 Res 2 1.3155 Ex-High 1.3100 Res 1 1.3087 Pivot 1.3032 Sup 1 1.2965 Ex-Low 1.2978 Sup 2 1.2910 1.3128 1.3099 1.3008 1.2980   Warning: Low Zone - Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.2957 Scenario for this week It may meet resistance in 1.3066 - 1.3114 zone for a drift down to 1.2902 zone, after which bounce to 1.3295 is anticipated. Key point 1.2854 Entry point 1.3074 Elliott 1.3674 Closing 1.3083 Projection 1.2957 Trendline 1.3401 Trendline 1.2995 Res 2 1.3507 Ex-High 1.3326 Res 1 1.3295 Pivot 1.3114 Sup 1 1.2902 Ex-Low 1.2933 Sup 2 1.2721 1.3307 1.3224 1.2956 1.2873   Warning: Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.2933 Scenario for this month There is bearish potential for a fall to 1.2697 while 1.3266 - 1.3432 resist. After this fall a recovery up to 1.3432 or 1.3598 is expected. Key point 1.2577 Entry point 1.3206 Elliott 1.3835 Closing 1.3029 Projection 1.2933 Trendline 1.3443 Trendline 1.3443 Res 2 1.4167 Ex-High 1.3835 Res 1 1.3598 Pivot 1.3266 Sup 1 1.2697 Ex-Low 1.2933 Sup 2 1.2365 1.3694 1.3520 1.2956 1.2782   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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