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USDCHF - Free Forex Market Analysis

In FREE Forex Market Analysis section, we'll provide forex market traders mid-term technical analysis of major currency pairs. But first of all, you should go to FAQ page to read the expression of the signs and words that appeared on the forex market analysis charts. You may join our yahoo group if you want to receive the update alert immediately after the analysis had been posted. For daily forex analysis, you can subscribe our Short-Term Forex Market Analysis, now you can get it at no charge.

Wednesday, October 4, 2006 at 02:56 GMT

The rise from 1.1919 is treated as in correction to the down trend, and down trend will resume after breaking below the key support at 1.2291. On the other side, USDCHF is stays in the rising price channel, further rise above 1.2621 previous high resistance to reach the next cycle top is still possible in the next several days.

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