Daily Market Overview: EUR/JPY

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Source: Dukascopy
© Dukascopy
Daily maximum: 104.45
Daily minimum: 103.09

There are optimistic hopes the EU leader will sort out the financial disorder in the Eurozone after Germany, France agreed on controlling the budgets of the Eurozone members, leaving the market mean at 102.86 intact. The market outlook for the rest of the day stays strongly bearish.

Daily Resistance: 103.24; 103.62; 104.00.
Daily Support: 102.48; 102.10; 101.72. 
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Mon, 28 Nov 2011 16:45:51 GMT

Daily Market Overview: GBP/USD

The British pound eased the pressure today as investors hope the EU leaders will eventually address the EU debt crisis and propose a long-term solution. As a result, the market participants' market mean at 1.5452 was not approached today. The daily trading signals point at a strong continuation of bearish trend.

Mon, 28 Nov 2011 16:45:36 GMT

Daily Market Overview: EUR/USD

The single European currency started this trading week with a bullish reversal as EU leaders send clear signals to the financial markets that they will proceed with implementing new measures to improve the Eurozone economic shape, enhance financial discipline and bring the EU towards a closer financial integration. The market mean at 1.3253 remained untapped today. The daily trading stance is

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