Thread: RTFX TraderTip >> GBP-CAD Analysis - Monday 22 March 2010

RTFX TraderTip >> GBP-CAD Analysis - 22 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 : elongated flat correction down 1.5127 Scenario for today Market should not go lower than 1.5244 - 1.5155. After this move down it should go up to 1.5391 - 1.5450 area. Key point 1.5275 Entry point 1.5385 Elliott 1.5557 Closing 1.5272 Projection 1.5094 Trendline 1.5407 Trendline 1.5407 Res 2 1.5627 Ex-High 1.5510 Res 1 1.5450 Pivot 1.5333 Sup 1 1.5155 Ex-Low 1.5216 Sup 2 1.5038 1.5536 1.5480 1.5296 1.5240   Warning: Imminent end of bearish move - Engulfing pattern WEEKLY TECHNICAL ANALYSIS GBP-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week Market should not go lower than 1.5244 - 1.5139. After this move down it should go up to 1.5415 - 1.5481 area. Key point 1.5149 Entry point 1.5228 Elliott 1.7289 Closing 1.5272 Projection 1.4551 Trendline 1.5343 Trendline 1.5344 Res 2 1.5690 Ex-High 1.5557 Res 1 1.5481 Pivot 1.5348 Sup 1 1.5139 Ex-Low 1.5216 Sup 2 1.5007 1.5536 1.5457 1.5201 1.5122   Warning: End of trend - Imminent end of bearish move 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 1.6819 1.6536 1.5621 1.5338   Warning: End of trend Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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