Daily Market Overview: EUR/USD

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 1.2971

Daily minimum: 1.2922

The pair started New Year with breaching the daily forecast mean at 1.2946 and slipping lower after the EU manufacturing output contracted for the fifth month in a row.


Daily Resistance: 1.2992; 1.3043; 1.3087. 
Daily Support: 1.2897; 1.2853; 1.2802. 
Daily Bias: Bearish.
Back to articles

Actual Topics

Mon, 02 Jan 2012 16:34:24 GMT

Daily Market Overview: EUR/JPY

The euro continued trading in a bearish trend after the manufacturing output shrank for the fifth consecutive month, trading below 100.00 on Monday.

Mon, 02 Jan 2012 09:16:10 GMT

USD/CHF's bullish impetus strengthens

As long as the currency couple is supported by a strong area situated at 0.9350/60, the bias remains bullish. The Dollar is thus expected to carry on appreciating relative to the Swissie before a height of 0.9500/25 is approached.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.