Daily Market Overview: USD/CHF

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9209
Daily minimum: 0.9131

The American dollar continued trading in a bearish trend versus the Swiss Franc today as monthly change in US personal spending disappointed investors, causing the pair to hit the 0.9143 target.

Daily Resistance: 0.9235; 0.9268; 0.9307. 
Daily Support: 0.9163; 0.9124; 0.9091. 
Daily Bias: Strongly bearish.
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Tue, 31 Jan 2012 08:38:25 GMT

EUR/USD's bias is bearish

A close below 1.3120 would indicate the end of bullish correction and continuation of Euro's depreciation. The price should then fall to 1.2900/1.2855 and eventually tumble down to 1.2530/90.

Fri, 03 Feb 2012 17:12:30 GMT

EUR/JPY to hover below 102.55/60

At the moment EUR/JPY is capped by a resistance zone at 102.55/60 and is unlikely to breach this level in the short-term. The initial support is at 101.00/100.75, followed by lines at 98.90 and 97.04.

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