Thread: RTFX TraderTip >> USD-CHF Analysis - Wednesday 03 June 2009

RTFX TraderTip >> USD-CHF Analysis - 3 Jun 2009 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 : irregular flat correction down 1.0540 Scenario for today There is bearish potential for a fall to 1.0603 - 1.0557 while 1.0650 - 1.0680 resist. After this fall a recovery up to 1.0680 or 1.0710 is expected. Key point 1.0579 Entry point 1.0635 Elliott 1.0955 Closing 1.0616 Projection 1.0411 Trendline 1.0670 Trendline 1.0670 Res 2 1.0803 Ex-High 1.0744 Res 1 1.0710 Pivot 1.0650 Sup 1 1.0557 Ex-Low 1.0591 Sup 2 1.0497 1.0830 1.0787 1.0650 1.0607   Warning: End of trend - Engulfing pattern WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an elongated correction 1.0798 Scenario for this week Market should not go lower than 1.0666 - 1.0570. After this move down it should go up to 1.0815 - 1.0868 area. Key point 1.0576 Entry point 1.0701 Elliott 1.1742 Closing 1.0676 Projection 1.0506 Trendline 1.0983 Trendline 1.0809 Res 2 1.1061 Ex-High 1.0955 Res 1 1.0868 Pivot 1.0763 Sup 1 1.0570 Ex-Low 1.0657 Sup 2 1.0465 1.0920 1.0850 1.0624 1.0554   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : resistance in an elongated correction 1.0758 Scenario for this month Market should not go lower than 1.0667 - 1.0415. After this move down it should go up to 1.1049 - 1.1180 area. Key point 1.0245 Entry point 1.0789 Elliott 1.1965 Closing 1.0676 Projection 1.0165 Trendline 1.1390 Trendline 1.1102 Res 2 1.1683 Ex-High 1.1422 Res 1 1.1180 Pivot 1.0918 Sup 1 1.0415 Ex-Low 1.0657 Sup 2 1.0153 1.1225 1.1083 1.0624 1.0482   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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