Daily Market Overview: USD/JPY

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 83.94
Daily minimum: 83.18

USD/JPY is currently eroding a cluster of supports at 83.43, which is now becoming a resistance. This dip should be contained by another support at 82.63, where the pair should veer.

Daily Resistance: 83.43; 83.61; 84.05.
Daily Support: 83.17/06; 82.63; 82.32/08.
Daily Bias: Bullish.

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Fri, 16 Mar 2012 19:41:10 GMT

Daily Market Overview: USD/CHF

USD/CHF went astray from its main upward course and has fallen through a tough support at 0.9203/0.9194. At the moment the pair is slowing down and is anticipated to form a temporary base ahead of 0.9123.

Fri, 16 Mar 2012 19:41:01 GMT

Daily Market Overview: GBP/USD

The Cable has failed to overcome a resistance level located at 1.5850 and is now slowly inching lower, down to 1.5793, while a key support may be found at 1.5713/1.5683, being a confluence of 55, 100 and 200 moving averages, apart from a downtrend and a pivot point.

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