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

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RTFX TraderTip >> USD-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 USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an elongated correction 0.9632 Scenario for today It may meet resistance in 0.9616 - 0.9643 zone for a drift down to below 0.9542 zone. Key point 0.9570 Entry point 0.9608 Elliott 0.9916 Closing 0.9596 Projection 0.9493 Trendline 0.9735 Trendline 0.9634 Res 2 0.9744 Ex-High 0.9690 Res 1 0.9670 Pivot 0.9616 Sup 1 0.9542 Ex-Low 0.9563 Sup 2 0.9488 0.9814 0.9781 0.9676 0.9644   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 0.9548 Scenario for this week It is likely to fall to 0.9714 or below 0.9626 in extension while 0.9815 - 0.9859 area offer resistance. Above 0.9903 the outlook could turn bullish. Key point 0.9744 Entry point 0.9792 Elliott 1.0066 Closing 0.9802 Projection 0.9548 Trendline 0.9916 Trendline 0.9765 Res 2 1.0004 Ex-High 0.9916 Res 1 0.9903 Pivot 0.9815 Sup 1 0.9714 Ex-Low 0.9726 Sup 2 0.9626 0.9958 0.9884 0.9645 0.9571   MONTHLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month It looks set for gains to 1.0210. Supports at 0.9792 and 0.9704. A break of 0.9373 will damage this bullish structure. Key point 0.9612 Entry point 0.9601 Elliott 0.9464 Closing 1.0035 Projection 1.0330 Trendline 0.9548 Trendline 0.9632 Res 2 1.0385 Ex-High 1.0054 Res 1 1.0210 Pivot 0.9879 Sup 1 0.9704 Ex-Low 0.9548 Sup 2 0.9373 1.0216 1.0060 0.9555 0.9399   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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