Daily Market Overview: EUR/JPY

Source: Dukascopy
© Dukascopy
Daily maximum: 105.67
Daily minimum: 104.66

While investors remain bullish on the pair on hopes that the EU top officials will agree to make closer financial integration in the Eurozone, EUR/USD continued its rally, leaving the market mean at 104.61 untapped.

Daily Resistance: 105.03; 105.47; 105.89. 
Daily Support: 104.17; 103.75; 103.31. 
Daily Bias: Strongly bullish.

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Fri, 02 Dec 2011 17:11:32 GMT

Daily Market Overview: GBP/USD

The market mean at 1.5692 was approached today as GBP rose higher today as the construction PMI was released at a higher rate than expected, suggesting that the economic recovery is becoming stronger.

Fri, 02 Dec 2011 17:11:19 GMT

Daily Market Overview: EUR/USD

The shared European currency attempts to move higher as the EU leaders might soon reach a common debt crisis solution, making investors positive over the EU economic prospects. As a result, the market mean at 1.3465 has been breached.

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