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RTFX TraderTip >> GBP-CHF Analysis - 3 Sep 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 : extended impulse wave down 1.5528

Scenario for today

Prefer a fall to below 1.5510. Then a correction to above 1.5808 is anticipated. A clear break of 1.5427 is again bearish.
Key point 1.5556
Entry point 1.5596
Elliott 1.6030
Closing 1.5593
Projection 1.5425
Trendline 1.5630
Trendline 1.5624
Res 2 1.5808
Ex-High 1.5725
Res 1 1.5701
Pivot 1.5618
Sup 1 1.5510
Ex-Low 1.5535
Sup 2 1.5427

1.5864
1.5801
1.5597
1.5534

 
Warning: Harami


WEEKLY TECHNICAL ANALYSIS GBP-CHF
       
Scenario Technical points Supports / Resistances Channels & Oscillator
Elliott : irregular flat correction down 1.5478

Scenario for this week

One more dip to 1.5903 - 1.5816 is likely followed by a grind higher to 1.6070 - 1.6150. After which it can resume its downtrend.
Key point 1.5894
Entry point 1.5932
Elliott 1.6760
Closing 1.5975
Projection 1.5259
Trendline 1.6124
Trendline 1.5895
Res 2 1.6325
Ex-High 1.6166
Res 1 1.6150
Pivot 1.5991
Sup 1 1.5816
Ex-Low 1.5832
Sup 2 1.5657

1.6229
1.6098
1.5673
1.5542

 
Warning: End of trend


MONTHLY TECHNICAL ANALYSIS GBP-CHF
       
Scenario Technical points Supports / Resistances Channels & Oscillator
Elliott : irregular flat correction down 1.5509

Scenario for this month

There is bearish potential for a fall to 1.5566 - 1.5168 while 1.5964 - 1.6170 resist. After this fall a recovery up to 1.6170 or 1.6376 is expected.
Key point 1.5322
Entry point 1.5972
Elliott 1.7076
Closing 1.5580
Projection 1.5024
Trendline 1.6177
Trendline 1.6177
Res 2 1.7173
Ex-High 1.6760
Res 1 1.6376
Pivot 1.5964
Sup 1 1.5168
Ex-Low 1.5552
Sup 2 1.4756

1.6469
1.6248
1.5533
1.5312

 
Warning: Engulfing pattern



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