RTFX TraderTip >> GBP-CAD Analysis - Monday 30 November 2009

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RTFX TraderTip >> GBP-CAD Analysis - 30 Nov 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 GBP-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : common flat correction up 1.7624 Scenario for today While above 1.7448 - 1.7390 zone a corrective dip could test 1.7507 or 1.7604. After which it should resume his downtrend. Key point 1.7462 Entry point 1.7445 Elliott 1.7376 Closing 1.7487 Projection 1.7624 Trendline 1.7410 Trendline 1.7444 Res 2 1.7721 Ex-High 1.7624 Res 1 1.7604 Pivot 1.7507 Sup 1 1.7390 Ex-Low 1.7410 Sup 2 1.7293 1.7633 1.7585 1.7431 1.7383   WEEKLY TECHNICAL ANALYSIS GBP-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It is likely to fall towards 1.7354 - 1.7221 unless a corrective rally breaks the 1.7575 resistance. Stop above 1.7642 zone. Key point 1.7454 Entry point 1.7540 Elliott 1.7896 Closing 1.7487 Projection 1.7262 Trendline 1.7695 Trendline 1.7587 Res 2 1.7797 Ex-High 1.7664 Res 1 1.7642 Pivot 1.7509 Sup 1 1.7354 Ex-Low 1.7376 Sup 2 1.7221 1.7679 1.7612 1.7396 1.7329   MONTHLY TECHNICAL ANALYSIS GBP-CAD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Difficult to predict the next move. If first down it should hold 1.7043 or 1.6764. If first up it should face resistance in 1.7865 - 1.8408 zone to 1.6764 zone. Key point 1.8293 Entry point 1.7265 Elliott 1.6237 Closing 1.7849 Projection 1.8132 Trendline 1.7657 Trendline 1.7670 Res 2 1.8966 Ex-High 1.7881 Res 1 1.8408 Pivot 1.7322 Sup 1 1.6764 Ex-Low 1.6237 Sup 2 1.5678 1.8239 1.7888 1.6751 1.6400   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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