Daily Market Overview: USD/CHF

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 0.9583

Daily minimum: 0.9491

The daily market forecast mean at 0.9546 has been successfully left behind as the Chairman of the SNB, Philipp Hildebrand, resigned.


Daily Resistance: 0.9584; 0.9617; 0.9657. 
Daily Support: 0.9511; 0.9471; 0.9438. 
Daily Bias: Strongly bullish.
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Actual Topics

Tue, 10 Jan 2012 08:54:56 GMT

EUR/USD to pullback to 1.2820/60

Current rally is seen as temporary, however, it is likely to extend up to 1.2820/60 or even 1.2995. Nonetheless, the long-term perspective remains bearish - the initial target is at 1.2530/88 while the pair is heading toward 1.2083/88.

Mon, 09 Jan 2012 17:19:42 GMT

Daily Market Overview: USD/JPY

The pair eased today and moved below the 77.00 mark as investors remain cautious regarding the latest macroeconomic data, released on Friday. The daily forecast at 77.05 remained intact today.

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