Daily Market Overview: EUR/JPY

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 101.90
Daily minimum: 101.66

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.


Daily Resistance: 102.13; 102.40; 102.61. 
Daily Support: 101.65; 101.44; 101.17. 
Daily Bias: Bearish.
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Tue, 27 Dec 2011 15:51:40 GMT

Daily Market Overview: GBP/USD

The British Pound slumped today, crossing the market participants' target at 1.5612 as investors consider the UK economic prospects gloomy for the next quarter.

Tue, 27 Dec 2011 15:51:29 GMT

Daily Market Overview: EUR/USD

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

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