Daily Market Overview: EUR/USD

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3377
Daily minimum: 1.3230

The market forecast mean at 1.3371 was touched today though the pair erased earlier gains as the European financial agreement made last Friday did not convince investors.

Daily Resistance: 1.3450; 1.3518; 1.3602. 
Daily Support: 1.3298; 1.3214; 1.3146. 
Daily Bias: Neutral.
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Mon, 12 Dec 2011 16:19:31 GMT

Daily Market Overview: GBP/USD

The British pound moved its bearish trend as the UK Prime Minister David Cameron refused to support the financial pact the rest of the EU members agreed on, making investors anxious on the prospects of Europe and leaving the daily forecast mean at 1.5663 intact.

Mon, 12 Dec 2011 09:39:22 GMT

USD/CHF to stay sidelined

USD/CHF currency couple should carry on hovering for now just below a strong resistance area located at 0.9341/99, while being supported by 0.9176. Additional support lines are situated at 0.9040 and 0.8950.

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