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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
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