Daily Market Overview: EUR/USD

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

Daily maximum: 1.3095

Daily minimum: 1.3052

The market forecast mean at 1.3049 was not reached today as investors positively perceived the Italian vote on austerity measures.


Daily Resistance: 1.3106; 1.3164; 1.3208. 
Daily Support: 1.3004; 1.2960; 1.2902. 
Daily Bias: Neutral.
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Fri, 23 Dec 2011 16:39:46 GMT

Daily Market Overview: EUR/JPY

The common European currency inched lower today on announcement the ECB might launch QE if the inflation risk occurs. The daily mean target at 101.99 has been pierced.

Fri, 23 Dec 2011 08:40:53 GMT

USD/CHF to stay below 0.9399

While being capped by a resistance line at 0.9399 USD/CHF is likely to slide down, although dips are not expected to extend below a tough support located at 0.9065. Should, on the other hand, resistance at 0.9399 be penetrated, the rally may reach 0.9547.

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