RTFX TraderTip >> GBP-CHF Analysis - Wednesday 15 December 2010

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RTFX TraderTip >> GBP-CHF Analysis - 15 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 : extension wave down 1.5061 Scenario for today Market should not go lower than 1.4976. After this move down it should go up to 1.5312 area. Key point 1.5035 Entry point 1.5231 Elliott 1.5621 Closing 1.5136 Projection 1.4946 Trendline 1.5429 Trendline 1.5223 Res 2 1.5488 Ex-High 1.5386 Res 1 1.5312 Pivot 1.5210 Sup 1 1.5034 Ex-Low 1.5108 Sup 2 1.4932 1.5513 1.5459 1.5286 1.5233   Warning: End of trend - Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.5059 Scenario for this week If market stays below 1.5559 a fall to 1.5339 is expected. If market breaks the point 1.5638 it could reach the sky. Key point 1.5435 Entry point 1.5480 Elliott 1.6005 Closing 1.5497 Projection 1.5059 Trendline 1.5570 Trendline 1.5493 Res 2 1.5779 Ex-High 1.5621 Res 1 1.5638 Pivot 1.5480 Sup 1 1.5339 Ex-Low 1.5322 Sup 2 1.5181 1.5699 1.5585 1.5215 1.5101   Warning: Harami MONTHLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.5093 Scenario for this month While below 1.5618 or 1.5681 it could fall towards below 1.5357 or 1.5096. After which a corrective/consolidation activity is expected to 1.5811 zone. 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 1.6059 1.5871 1.5264 1.5076   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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