Daily Market Overview: USD/CHF

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9146
Daily minimum: 0.9088

USD/CHF has made several attempts to break through a resistance at 0.9133 (55 day ma), however, all of them failed, increasing downside risk.

Daily Resistance: 0.9154; 0.9175; 0.9199. 
Daily Support: 0.9109; 0.9085; 0.9063. 
Daily Bias: Strongly Bearish.

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Fri, 10 Feb 2012 08:56:22 GMT

EUR/USD to aim for 1.3625/30

EUR/USD is now well-positioned for further gains and may advance up to 1.3625/30. The following target will be located at 1.3840/1.3900. Dips should be limited by supports at 1.3135 and 1.3048.

Thu, 09 Feb 2012 17:54:49 GMT

Daily Market Overview: USD/JPY

Even though USD/JPY was directionless in the morning, bullish momentum started to strengthen in the afternoon. The pair is now facing a formidable resistance area - 77.38/46. A daily close above it would pave a way to higher levels, such as 77.74 and 78.22.

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