RTFX TraderTip >> EUR-CHF Analysis - Friday 30 July 2010

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RTFX TraderTip >> EUR-CHF Analysis - 30 Jul 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 EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.3524 Scenario for today Market should not go lower than 1.3531. After this move down it should go up to 1.3684 - 1.3718 area. Key point 1.3575 Entry point 1.3650 Elliott 1.3818 Closing 1.3613 Projection 1.3524 Trendline 1.3755 Trendline 1.3693 Res 2 1.3824 Ex-High 1.3755 Res 1 1.3718 Pivot 1.3650 Sup 1 1.3545 Ex-Low 1.3582 Sup 2 1.3476 1.3770 1.3732 1.3607 1.3569   Warning: Imminent end of bearish move WEEKLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this week It should try higher up to 1.3642 - 1.3741. Entry point 1.3542 or 1.3475. After this rise, a correction is expected. Key point 1.3751 Entry point 1.3537 Elliott 1.3074 Closing 1.3606 Projection 1.4040 Trendline 1.3407 Trendline 1.3432 Res 2 1.3876 Ex-High 1.3677 Res 1 1.3741 Pivot 1.3542 Sup 1 1.3407 Ex-Low 1.3343 Sup 2 1.3208 1.3840 1.3747 1.3445 1.3352   MONTHLY TECHNICAL ANALYSIS EUR-CHF         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point 1.3016 Scenario for this month Market should not go lower than 1.2761. After this move down it should go up to 1.3884 area. Key point 1.3433 Entry point 1.3738 Elliott 1.4588 Closing 1.3184 Projection 1.2708 Trendline 1.4225 Trendline 1.3863 Res 2 1.4584 Ex-High 1.4225 Res 1 1.3884 Pivot 1.3526 Sup 1 1.2826 Ex-Low 1.3167 Sup 2 1.2467 1.4301 1.4022 1.3120 1.2841   Warning: Imminent end of bearish move Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

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