Daily Market Overview: GBP/USD

Note: This section contains information in English only.
Source: Dukascopy
© Dukascopy

Daily maximum: 1.5565

Daily minimum: 1.5485

GBP/USD has approached the market mean at 1.5547 as the European regions economic conditions are deteriorating. None of the resistance (1.5618; 1.5717; 1.5877) and support (1.5458; 1.5396; 1.5235) levels has been breached. The daily trading signals indicate a strong bearish momentum ahead.

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Thu, 24 Nov 2011 16:56:49 GMT

Daily Market Overview: USD/CHF

The pair inched lower today as investors turn to the American dollar as safe-haven currency on strong US macroeconomic data release today. Resistance 2 (0.9220) and 3 (0.9299) might be tested next whereas all support (0.9098; 0.9063; 0.8984) levels remained intact today. The daily market bias is neutral.

Thu, 24 Nov 2011 16:57:51 GMT

Daily Market Overview: EUR/USD

The shared European currency is under pressure as the EU leaders split up on finding a common long-term solution, thus the market mean at 1.3381 has been breached. The resistance (1.3476; 1.3609; 1.3820) and support (1.3265; 1.3187; 1.2976) levels remained intact today. The daily trading signals point at a continuation of the bearish trend.

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