Thread: RTFX TraderTip >> GBP-CAD Analysis - Monday 15 March 2010

RTFX TraderTip >> GBP-CAD Analysis - 15 Mar 2010 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 GBP-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.5566 Scenario for today Strength can extend to 1.5490 or 1.5529 as declines are expected to find support at 1.5450 or 1.5416. A fall below 1.5382 could turn it bearish. Key point 1.5478 Entry point 1.5439 Elliott 1.5275 Closing 1.5461 Projection 1.5616 Trendline 1.5386 Trendline 1.5419 Res 2 1.5597 Ex-High 1.5518 Res 1 1.5529 Pivot 1.5450 Sup 1 1.5382 Ex-Low 1.5371 Sup 2 1.5303 1.5525 1.5483 1.5347 1.5305   WEEKLY TECHNICAL ANALYSIS GBP-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : extended impulse wave down 1.5308 Scenario for this week It should try higher up to 1.5539 - 1.5627. Entry point 1.5451 or 1.5368. After this rise, a correction is expected. Key point 1.5328 Entry point 1.5337 Elliott 1.7289 Closing 1.5461 Projection 1.5308 Trendline 1.5551 Trendline 1.5250 Res 2 1.5792 Ex-High 1.5616 Res 1 1.5627 Pivot 1.5451 Sup 1 1.5285 Ex-Low 1.5275 Sup 2 1.5109 1.5660 1.5581 1.5325 1.5246   Warning: End of trend MONTHLY TECHNICAL ANALYSIS GBP-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.5212 Scenario for this month Market should not go lower than 1.6039 - 1.5689. After this move down it should go up to 1.6570 - 1.6752 area. Key point 1.4876 Entry point 1.6196 Elliott 1.7896 Closing 1.6051 Projection 1.5212 Trendline 1.6954 Trendline 1.6845 Res 2 1.7452 Ex-High 1.7089 Res 1 1.6752 Pivot 1.6389 Sup 1 1.5689 Ex-Low 1.6026 Sup 2 1.5326 1.6810 1.6536 1.5650 1.5376   Warning: End of trend 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