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

RTFX TraderTip >> GBP-CHF 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-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.5833 Scenario for today Market should not go lower than 1.5833. After this move down it should go up to 1.6037 - 1.6081 area. Key point 1.5849 Entry point 1.5989 Elliott 1.6221 Closing 1.5935 Projection 1.5713 Trendline 1.6138 Trendline 1.6056 Res 2 1.6227 Ex-High 1.6138 Res 1 1.6081 Pivot 1.5993 Sup 1 1.5847 Ex-Low 1.5904 Sup 2 1.5758 1.6184 1.6131 1.5959 1.5905   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : elongated flat correction down 1.5826 Scenario for this week Market should not go lower than 1.5920 - 1.5819. After this move down it should go up to 1.6078 - 1.6136 area. Key point 1.5871 Entry point 1.5993 Elliott 1.7113 Closing 1.5935 Projection 1.5826 Trendline 1.6120 Trendline 1.6088 Res 2 1.6337 Ex-High 1.6221 Res 1 1.6136 Pivot 1.6020 Sup 1 1.5819 Ex-Low 1.5904 Sup 2 1.5703 1.6192 1.6118 1.5880 1.5806   Warning: End of trend - Imminent end of bearish move MONTHLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : irregular flat correction down 1.5884 Scenario for this month There is bearish potential for a fall to 1.6124 while 1.6571 - 1.6700 resist. After this fall a recovery up to 1.6700 or 1.6828 is expected. Key point 1.5606 Entry point 1.6441 Elliott 1.7113 Closing 1.6381 Projection 1.5505 Trendline 1.7019 Trendline 1.6924 Res 2 1.7275 Ex-High 1.7019 Res 1 1.6828 Pivot 1.6571 Sup 1 1.6124 Ex-Low 1.6314 Sup 2 1.5867 1.6837 1.6665 1.6109 1.5937   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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