Daily Market Overview: EUR/USD

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3453
Daily minimum: 1.3351

The shared European currency moved higher as the German and French top officials pledged to come up with a permanent EU debt crisis solution. As a result the market mean at 1.3390 has been breached.

Daily Resistance: 1.3440; 1.3481; 1.3534. 
Daily Support: 1.3346; 1.3293; 1.3252. 
Daily Bias: Neutral.
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Wed, 07 Dec 2011 17:54:08 GMT

Daily Market Overview: EUR/JPY

EUR/JPY inched higher today on renewed hopes among investors the EU debt crisis solution will be elaborated during the Eurozone summit this Friday, causing the market mean at 104.07 to breach.

Wed, 07 Dec 2011 08:19:39 GMT

USD/CHF to stay calm for now

Support at 0.9040 has managed to halt fall of USD/CHF after encountered a strong resistance area at 0.9341/99. Therefore the bias will remain neutral before the pair gains bullish momentum and challenges 0.9341/99 once again.

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