Daily Market Overview: EUR/USD

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3433
Daily minimum: 1.3281

The forecast mean at 1.3356 has been pierced after the EU leaders agreed on budget rigor and forming a tighter financial union, causing the euro edge higher over its American counterpart.

Daily Resistance: 1.3437; 1.3534; 1.3608.
Daily Support: 1.3266; 1.3192; 1.3095. 
Daily Bias: Neutral.
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Fri, 09 Dec 2011 17:33:46 GMT

Daily Market Overview: EUR/JPY

The shared European currency jumped today, breaching the market participants' consensus target at 103.60 on hopes that the latest EU measures will resolve the debt crisis.

Fri, 09 Dec 2011 07:55:58 GMT

USD/CHF to remain flat

From above the pair is capped by tough resistances situated at 0.9331, 0.9341 and 0.9370. Alternatively, from below it is supported by levels at 0.9176, 0.9040 and 0.8950. Therefore for now USD/CHF is likely to continue trading sideways.

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