Daily Market Overview: EUR/USD

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3215
Daily minimum: 1.3128

EUR/USD erased Monday losses and pierced the daily forecast mean (1.3209) on better than expected German economic outlook (5.4 act./-11.8 est.).

Daily Resistance: 1.3252; 1.3340; 1.3590. 
Daily Support: 1.3153; 1.3046; 1.2725. 
Daily Bias: Neutral.

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Tue, 14 Feb 2012 17:09:20 GMT

Daily Market Overview: EUR/JPY

The single European currency advanced versus the Japanese yen on strong German economic data and ZEW Economic Sentiment (-8.1 act./-21.1 est.) in Europe, breaching the market participants' daily target at 102.49.

Tue, 14 Feb 2012 09:51:30 GMT

USD/CHF to test 0.9250/63

Being that USD/CHF has managed to remain above 0.9080/66, the pair may commence recovering. Should it overcome a key resistance located at 0.9250/63, the following levels at 0.9316 (55 day ma) and 0.9595 may be reached next.

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