Daily Market Overview: USD/JPY

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 78.22

Daily minimum: 78.00

The American dollar traded above the 78.00 level as investors remain confident the US economy is on the right of recovery, therefore the daily forecast mean at 78.13 has been approached.


Daily Resistance: 78.24; 78.32; 78.44. 
Daily Support: 78.04; 77.92; 77.84. 
Daily Bias: Strongly bullish.
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Fri, 23 Dec 2011 16:40:00 GMT

Daily Market Overview: USD/CHF

USD/CHF is trading higher after the US durable goods sales rose by 3.8% in November versus expected 2.2%, causing the market participants' forecast consensus at 0.9360 to breach.

Fri, 23 Dec 2011 16:39:51 GMT

Daily Market Overview: GBP/USD

The British pound slightly slumped on less than expected Mortgage Approvals; this indication of a weak property market caused the price to cross the daily forecast mean 1.5682.

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