Daily Market Overview: EUR/USD

Source: Dukascopy
© Dukascopy
Daily maximum: 1.3532
Daily minimum: 1.3259

The single European currency advanced higher today after the major central European banks announced a cut of their liquidity swap rates, thus the market mean at 1.3338 has been pierced.

Daily Resistance: 1.3414; 1.3506; 1.3662.
Daily Support: 1.3258; 1.3193; 1.3037. 
Daily Bias: Strongly bearish.
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Wed, 30 Nov 2011 16:50:03 GMT

Daily Market Overview: EUR/JPY

The market participants' target at 103.83 has been approached as the pair commenced a recovery after the Fed made an announcement all central banks will lower the liquidity swap rates.

Wed, 30 Nov 2011 08:35:44 GMT

USD/CHF is neutral for now

Test of a strong resistance situated at 0.9341/99 has triggered a sell off down to 0.9173, though an extension of this move is not expected. Eventually, attempts of USD/CHF are likely to succeed and the pair will finally climb over 0.9341/99.

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