USDCHF Analysis - January 14, 2012 Bookmark and Share
Forex Market Analysis  |  Written by ForexCycle.com |  Saturday, 14 January 2012 10:03 GMT
USDCHF remains in uptrend from 0.8569, and the rise extended to as high as 0.9594. Further rise could be seen next week, and next target would be at 0.9750 area. Key support is at 0.9244, only break below this level could signal completion of the uptrend.

For long term analysis, USDCHF remains in uptrend from 0.7067. Further rise towards 1.0000 could be seen over next several months.

usdchf daily chart
 

Recommended Forex Trading Platforms

Voted Best Trading Platform of the year 2011 by World Finance Magazine, 4XP is the premier online broker, offering commission-free Forex, CFD’s, tight fixed spreads and real-time prices. 4XP offers cutting-edge software, advanced charting, mobile trading, daily analysis and 24 hour multilingual support.