Thread: RTFX TraderTip >> USD-CHF Analysis - Friday 17 July 2009

RTFX TraderTip >> USD-CHF Analysis - 17 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 : elongated flat correction down 1.0657 Scenario for today It may meet resistance in 1.0730 - 1.0741 zone for a drift down to 1.0692 zone, after which bounce to 1.0779 is anticipated. Key point 1.0681 Entry point 1.0715 Elliott 1.0939 Closing 1.0730 Projection 1.0635 Trendline 1.0793 Trendline 1.0687 Res 2 1.0828 Ex-High 1.0790 Res 1 1.0779 Pivot 1.0741 Sup 1 1.0692 Ex-Low 1.0703 Sup 2 1.0654 1.0885 1.0853 1.0750 1.0718   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS USD-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.0657 Scenario for this week While above 1.0800 - 1.0747 zone a corrective dip could test 1.0852 or 1.0952. After which it should resume his downtrend. Key point 1.0922 Entry point 1.0939 Elliott 1.0956 Closing 1.0848 Projection 1.0633 Trendline 1.0777 Trendline 1.0810 Res 2 1.1057 Ex-High 1.0956 Res 1 1.0952 Pivot 1.0852 Sup 1 1.0747 Ex-Low 1.0751 Sup 2 1.0647 1.1016 1.0948 1.0727 1.0659   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 1.0694 Entry point 1.0745 Elliott 1.1965 Closing 1.0863 Projection 1.0663 Trendline 1.0974 Trendline 1.0662 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 1.1095 1.0989 1.0647 1.0541   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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