Daily Market Overview: USD/CHF

Source: Dukascopy
© Dukascopy
Daily maximum: 0.9306
Daily minimum: 0.9176

The American dollar advanced higher today as the worries ease over the European debt problems and the US economy shows promising signs the national economy is gaining steam. The daily market trend remains bullish.

Daily Resistance: 0.9356; 0.414; 0.9498.
Daily Support: 0.9214; 0.9130; 0.9072. 
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Tue, 29 Nov 2011 12:32:21 GMT

USD/CHF attempts to pierce through 0.9341/99

Even though USD/CHF is slowing down while approaching a key resistance area at 0.9341/99, the latter levels should eventually give up. However, in case dips reach 0.9173 and 0.9082, the risk of the price falling even lower increases.

Mon, 28 Nov 2011 16:45:58 GMT

Daily Market Overview: USD/JPY

The Japanese Yen depreciated against the American Dollar as at the moment investors admire USD as a safe-haven currency, causing the pair to touch the market mean at 77.14. The daily trend stays bullish.

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