Daily Market Overview: EUR/JPY

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 99.81

Daily minimum: 99.44

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


Daily Resistance: 100.28; 101.10; 101.51. 
Daily Support: 99.05; 98.64; 97.82. 
Daily Bias: Strongly bearish.
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Mon, 02 Jan 2012 16:34:29 GMT

Daily Market Overview: GBP/USD

The British pound moved downwards today after the UK Prime Minister David Cameron said the economy is vulnerable to the EZ turmoil; the daily market participants' mean target (1.5509) has been breached.

Mon, 02 Jan 2012 16:34:19 GMT

Daily Market Overview: EUR/USD

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.

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