Daily Market Overview: USD/CHF

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 0.9528

Daily minimum: 0.9414

The market forecast mean for Tuesday (0.9369) has been breached as investors sold off Swiss Francs versus USD on more-than-expected US employment change data.


Daily Resistance: 0.9473; 0.9533; 0.9617. 
Daily Support: 0.9329; 0.9245; 0.9185. 
Daily Bias: Neutral.
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Fri, 06 Jan 2012 08:49:13 GMT

EUR/USD to step lower

EUR/USD currency pair has dipped below 1.2860 and is currently near its 15-month low. At the moment it is heading towards 1.2530/88, while a long-term target lies at 1.2083 (200 month ma).

Thu, 05 Jan 2012 16:57:19 GMT

Daily Market Overview: USD/JPY

USD declined today as investors preferred yens over the dollar on EU debt worries, causing the pair to move breach the 76.70 mark for Thursday.

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