Thread: RTFX TraderTip >> EUR-CHF Analysis - Monday 13 July 2009

RTFX TraderTip >> EUR-CHF Analysis - 13 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 1.5057 Scenario for today Our preferred outlook is for a drift down to 1.5109 or below 1.5087. Resistances are at 1.5132 and 1.5139. A rise above 1.5161 would delay but not abort this expected fall. Key point 1.5122 Entry point 1.5149 Elliott 1.5172 Closing 1.5132 Projection 1.5110 Trendline 1.5168 Trendline 1.5164 Res 2 1.5191 Ex-High 1.5168 Res 1 1.5161 Pivot 1.5139 Sup 1 1.5109 Ex-Low 1.5116 Sup 2 1.5087 1.5185 1.5170 1.5122 1.5108   Warning: Harami WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.5034 Scenario for this week It should register further gains to 1.5191 while 1.5091 - 1.5051 caps downside attempts. Stop loss below 1.4991 zone. Key point 1.5104 Entry point 1.5117 Elliott 1.5382 Closing 1.5132 Projection 1.5007 Trendline 1.5179 Trendline 1.5137 Res 2 1.5251 Ex-High 1.5210 Res 1 1.5191 Pivot 1.5151 Sup 1 1.5091 Ex-Low 1.5110 Sup 2 1.5051 1.5207 1.5184 1.5108 1.5085   Warning: End of trend - Imminent end of bearish move 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 continue up to 1.5416 or 1.5586. Any correction should find support in 1.5211 - 1.5126 zone. A break above1.5351 could accelerate the move up. Key point 1.5213 Entry point 1.5110 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 1.5399 1.5319 1.5059 1.4979   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

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.

More informations about Realtime Forex