Daily Market Overview: USD/JPY

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 78.27
Daily minimum: 77.68

The pair crossed the 78.00 level and left the daily forecast mean (77.54) intact as the Japanese currency depreciated on the first trade balance deficit in almost 30 years.

Daily Resistance: 78.03; 78.39; 78.93. 
Daily Support: 77.13; 76.59; 76.23. 
Daily Bias: Strongly bullish.

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Wed, 25 Jan 2012 20:05:04 GMT

Daily Market Overview: USD/CHF

USD/CHF traded lower today after pending monthly home sales disappoined investors (-3.5% act./-0.6% est.), touching the daily target at 0.9273.

Wed, 25 Jan 2012 20:04:53 GMT

Daily Market Overview: GBP/USD

The British pound erased earlier weekly gains after touching the market participants' mean (1.5602) on lower-than-expected final GDP (-0.2% act./-0.1% est.).

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