Thread: RTFX TraderTip >> EUR-CHF Analysis - Monday 06 July 2009

RTFX TraderTip >> EUR-CHF Analysis - 6 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 EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extension wave down 1.5111 Scenario for today Any possible decline should be supported around 1.5161 - 1.5130 zone for rally to above 1.5280. A clear break of 1.5086 will damage this expected rally. Key point 1.5169 Entry point 1.5210 Elliott 1.5250 Closing 1.5191 Projection 1.5129 Trendline 1.5175 Trendline 1.5175 Res 2 1.5280 Ex-High 1.5250 Res 1 1.5236 Pivot 1.5205 Sup 1 1.5161 Ex-Low 1.5175 Sup 2 1.5130 1.5264 1.5247 1.5189 1.5172   Warning: Low Zone WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.5101 Scenario for this week A corrective rise should ideally test 1.5258 or even higher than 1.5324. Supports are at 1.5115. Stop loss below 1.5108 zone. Key point 1.5153 Entry point 1.5185 Elliott 1.5382 Closing 1.5191 Projection 1.5150 Trendline 1.5137 Trendline 1.5338 Res 2 1.5324 Ex-High 1.5283 Res 1 1.5258 Pivot 1.5216 Sup 1 1.5150 Ex-Low 1.5175 Sup 2 1.5108 1.5276 1.5251 1.5170 1.5145   Warning: Harami MONTHLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.5327 Scenario for this month Current upmove should be ended around 1.5313 - 1.5416. Any correction consolidation should find support in 1.5126 - 1.5041 zone. Key point 1.5343 Entry point 1.5175 Elliott 1.5007 Closing 1.5245 Projection 1.5382 Trendline 1.5158 Trendline 1.5158 Res 2 1.5586 Ex-High 1.5382 Res 1 1.5416 Pivot 1.5211 Sup 1 1.5041 Ex-Low 1.5007 Sup 2 1.4836 1.5389 1.5319 1.5091 1.5021   Warning: Imminent end of bullish move - Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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