Thread: RTFX TraderTip >> USD-CHF Analysis - Friday 03 July 2009

RTFX TraderTip >> USD-CHF Analysis - 3 Jul 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 : zigzag or flat correction 1.0902 Scenario for today If market stays below 1.0856 a fall to 1.0767 is expected. If market breaks the point 1.0895 it could reach the sky. Key point 1.0883 Entry point 1.0811 Elliott 1.0707 Closing 1.0844 Projection 1.0902 Trendline 1.0853 Trendline 1.0852 Res 2 1.0946 Ex-High 1.0869 Res 1 1.0895 Pivot 1.0818 Sup 1 1.0767 Ex-Low 1.0741 Sup 2 1.0690 1.0923 1.0887 1.0769 1.0733   Warning: Low Zone - Harami WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.0661 Scenario for this week A correction down to 1.0623 or lower is now expected from 1.0917 or 1.1012. A break above 1.1211 is needed to turn bullish. Key point 1.0802 Entry point 1.0912 Elliott 1.1022 Closing 1.0812 Projection 1.0633 Trendline 1.0844 Trendline 1.0844 Res 2 1.1211 Ex-High 1.1022 Res 1 1.1012 Pivot 1.0822 Sup 1 1.0623 Ex-Low 1.0633 Sup 2 1.0433 1.1059 1.0967 1.0670 1.0578   Warning: Low Zone - Engulfing pattern MONTHLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.0663 Scenario for this month It should test 1.0979 area after which a sell off down to 1.0629 or extended to 1.0394 area is expected. Key point 1.0618 Entry point 1.0701 Elliott 1.1965 Closing 1.0863 Projection 1.0663 Trendline 1.0974 Trendline 1.0622 Res 2 1.1256 Ex-High 1.1022 Res 1 1.1060 Pivot 1.0825 Sup 1 1.0629 Ex-Low 1.0591 Sup 2 1.0394 1.1048 1.0954 1.0649 1.0555   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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