Daily Market Overview: EUR/JPY

Source: Dukascopy
© Dukascopy
Daily maximum: 104.72
Daily minimum: 103.34

The market participants' target at 103.83 has been approached as the pair commenced a recovery after the Fed made an announcement all central banks will lower the liquidity swap rates.

Daily Resistance: 104.37; 104.87; 105.83. 
Daily Support: 103.40; 102.93; 101.97. 
Daily Bias: Neutral.
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Wed, 30 Nov 2011 16:50:09 GMT

Daily Market Overview: GBP/USD

The British pound jumped higher today as the EU leaders agreed on expanding the European Financial Stability Facility (EFSF). This renewed wave of optimism on the markets caused a breach of the market mean at 1.5578.

Wed, 30 Nov 2011 16:49:55 GMT

Daily Market Overview: EUR/USD

The single European currency advanced higher today after the major central European banks announced a cut of their liquidity swap rates, thus the market mean at 1.3338 has been pierced.

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