RTFX TraderTip >> GBP-CHF Analysis - Tuesday 09 February 2010

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RTFX TraderTip >> GBP-CHF Analysis - 9 Feb 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 : elongated flat correction down 1.6625 Scenario for today One more dip to 1.6706 - 1.6671 is likely followed by a grind higher to 1.6770 - 1.6799. After which it can resume his downtrend. Key point 1.6709 Entry point 1.6670 Elliott 1.7019 Closing 1.6729 Projection 1.6594 Trendline 1.6812 Trendline 1.6606 Res 2 1.6870 Ex-High 1.6812 Res 1 1.6799 Pivot 1.6742 Sup 1 1.6671 Ex-Low 1.6684 Sup 2 1.6614 1.6920 1.6878 1.6739 1.6697   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.6622 Scenario for this week While below 1.6895 - 1.6942 it might drop to 1.6676 or 1.6582. Key point 1.6606 Entry point 1.6816 Elliott 1.7113 Closing 1.6770 Projection 1.6622 Trendline 1.6885 Trendline 1.6898 Res 2 1.7113 Ex-High 1.7019 Res 1 1.6942 Pivot 1.6847 Sup 1 1.6676 Ex-Low 1.6753 Sup 2 1.6582 1.6976 1.6915 1.6719 1.6658   Warning: Harami MONTHLY TECHNICAL ANALYSIS GBP-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.7055 Scenario for this month Currently uptrend should end around 1.7033 - 1.7271 area. A correction down to 1.6635 - 1.6476 is expected. A rise above 1.7590 will abort the expected correction. Key point 1.7051 Entry point 1.6684 Elliott 1.6318 Closing 1.6952 Projection 1.7113 Trendline 1.6722 Trendline 1.6722 Res 2 1.7590 Ex-High 1.7113 Res 1 1.7271 Pivot 1.6794 Sup 1 1.6476 Ex-Low 1.6318 Sup 2 1.5999 1.7241 1.7066 1.6501 1.6326   Warning: Engulfing pattern Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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