Daily Market Overview: USD/CHF

Source: Dukascopy
© Dukascopy
Daily maximum: 0.9181
Daily minimum: 0.9119

The pair continued moving upwards as the US economic recovery is apparently getting faster pace, hence the market mean at 0.9143 has been successfully pierced.

Daily Resistance: 0.9205; 0.9255; 0.9322. 
Daily Support: 0.9088; 0.9021; 0.8971. 
Daily Bias: Neutral
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Mon, 05 Dec 2011 08:13:03 GMT

EUR/USD to be capped by 1.3608/15

EUR/USD is expected to extend its current rally up to a resistance located at 1.3608/15, in extreme case the price might rise up to an area of 1.3835/60. Major support is situated at 1.3210, which guards 1.3145.

Fri, 02 Dec 2011 17:11:37 GMT

Daily Market Overview: USD/JPY

USD/JPY continued its gradual rally after the US unemployment rate declined to 8.6%, indicating the US macroeconomic conditions are improving. The market participants' target at 77.67 remained untapped today.

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