Daily Market Overview: USD/CHF

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

Daily maximum: 0.9399

Daily minimum: 0.9348

The daily market forecast mean at 0.9369 has been hit as investors moved to the safer US assets as investors are concerned about the EU economic prospects.

Daily Resistance: 0.9397; 0.9437; 0.9460. Daily Support: 0.9334; 0.9311; 0.9271. Daily Bias: Neutral.

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Tue, 20 Dec 2011 08:10:26 GMT

EUR/USD stabilizes near 1.2860

At the moment EUR/USD is underpinned by 1.2860, which will be breached in the short-term and pave the way for 200 month ma at 1.2089 to be reached. Rallies are expected to be capped by resistances located at 1.3145 and 1.3212.

Mon, 19 Dec 2011 16:58:09 GMT

Daily Market Overview: USD/JPY

USD advanced today as investors sold safe-haven yens against USD as investors flee to the US T-bills on the EU debt fears, thus the daily forecast at 77.78 remained untapped today.

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