Daily Market Overview: EUR/USD

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 1.2943

Daily minimum: 1.2783

The common European currency depreciated against the American dollar, leaving the daily forecast mean (1.2964) intact on declining German Retail Sales and strong US employment change.


Daily Resistance: 1.3046; 1.3146; 1.3221. 
Daily Support: 1.2871; 1.2796; 1.2696. 
Daily Bias: Bearish.
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Thu, 05 Jan 2012 16:57:11 GMT

Daily Market Overview: EUR/JPY

The common European currency depreciated against the American dollar, leaving the daily forecast mean (1.2964) intact on declining German Retail Sales and strong US employment change.

Thu, 05 Jan 2012 08:53:06 GMT

USD/CHF to break through 0.9548/49

In case supports located at 0.9244, 0.9155 (55 day ma) and 0.9058 repel dips, USD/CHF is expected to eventually penetrate 0.9548/49 and then continue to advance until 0.9776/84 or even 0.9950 is reached.

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