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

RTFX TraderTip >> USD-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 USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : zigzag or flat correction 1.0902 Scenario for today One move lower to 1.0831 or 1.0795 is anticipated while below 1.0885 - 1.0903 area. Stop loss above 1.0939 zone. Key point 1.0905 Entry point 1.0884 Elliott 1.0707 Closing 1.0868 Projection 1.0902 Trendline 1.0825 Trendline 1.0919 Res 2 1.0939 Ex-High 1.0902 Res 1 1.0903 Pivot 1.0867 Sup 1 1.0831 Ex-Low 1.0830 Sup 2 1.0795 1.0919 1.0887 1.0781 1.0749   Warning: End of trend WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.0965 Scenario for this week It should trade lower to 1.0746. Resistances are at 1.0951 and 1.1034. A break of 1.1156 is bullish, confirmed by a close above 1.0985. Key point 1.0927 Entry point 1.0826 Elliott 1.0633 Closing 1.0868 Projection 1.1022 Trendline 1.0912 Trendline 1.0802 Res 2 1.1034 Ex-High 1.0912 Res 1 1.0951 Pivot 1.0829 Sup 1 1.0746 Ex-Low 1.0707 Sup 2 1.0624 1.0964 1.0916 1.0762 1.0714   Warning: Harami 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 1.0642 Entry point 1.0711 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 1.1059 1.0962 1.0649 1.0552   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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