Daily Market Overview: USD/JPY

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

Daily maximum: 77.94

Daily minimum: 77.68

The pair continues trading in the 77-78 price range against the Yen as investors were spooked by more-than-expected US unemployment claims, thus the daily market participants' target at 77.87 has been pierced.


Daily Resistance: 78.13; 78.31; 78.60. 
Daily Support: 77.66; 77.37; 77.19.
Daily Bias: Bullish.
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Actual Topics

Fri, 30 Dec 2011 09:10:08 GMT

EUR/USD to slide down

Even though the pair managed to recover from 1.2850, the outlook remains bearish. As long as a key resistance at 1.3000/50 caps EUR/USD from above, bullish momentum is unlikely to appear.

Thu, 29 Dec 2011 17:06:20 GMT

Daily Market Overview: GBP/USD

The pair slumped today and breached the daily forecast mean at 1.5508 after the Chicago PMI rose more than expected (62.5 vs. 60.4 estimate).

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