Daily Market Overview: EUR/USD

Source: Dukascopy
© Dukascopy
Daily maximum: 1.3521
Daily minimum: 1.3417

The common European currency moved higher today as investors turned positive on hopes that the EU leaders take bold actions to tackle the debt crisis. Thus, the market mean at 1.3422 has been breached.

Daily Resistance: 1.3566; 1.3686; 1.3840. 
Daily Support: 1.3292; 1.3138; 1.3018. 
Daily Bias: Neutral.
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Thu, 01 Dec 2011 16:50:47 GMT

Daily Market Overview: EUR/JPY

The market participants' target at 104.20 was pierced today as the pair continued its rally after the markets got assured the European debt crisis will be resolved.

Thu, 01 Dec 2011 08:33:22 GMT

USD/CHF to slip

Support at 0.9173 has been breached. This implies continuation of current pair's weakness down to 0.8950 and 0.8730/0.8654. Nevertheless, subsequent support at 0.8555/50 is very unlikely to give up should the dips extend lower.

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