Daily Market Overview: EUR/USD

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3083
Daily minimum: 1.3043

EUR/USD pierced the daily forecast mean at 1.3053 as the US home prices felt more than expected.


Daily Resistance: 1.3087; 1.3127; 1.3158. 
Daily Support: 1.3016; 1.2985; 1.2945. 
Daily Bias: Neutral.
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Tue, 27 Dec 2011 15:51:35 GMT

Daily Market Overview: EUR/JPY

The common European currency continued its recovery versus the Yen as investors expect the Christmas rally will make the European retailers benefit from it; thus, the daily forecast mean at 101.90 has been hit.

Tue, 27 Dec 2011 08:35:31 GMT

USD/CHF is sidelined

In order to reignite bullish momentum and surge up to 0.9500/46 the currency pair has to penetrate resistance at 0.9400. Dips, however, should be limited by support lines located at 0.9320, 0.9200 and 0.9170.

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