Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.2789
Daily minimum: 1.2676

EUR/USD pierced the daily forecast mean at 1.2777 and moved lower on announcement that the EU parliament objected the recent EU financial treaty.


Daily Resistance: 1.2815; 1.2855; 1.2891. 
Daily Support: 1.2739; 1.2703; 1.2663. 
Daily Bias: Bearish.
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Wed, 11 Jan 2012 17:01:45 GMT

Daily Market Overview: EUR/JPY

The single European commenced a decline today versus the Japanese on downward revise of the final GDP (0.1% vs. 0.2% estimate), causing the daily market participants' target (98.19) to be pierced.

Wed, 11 Jan 2012 08:48:50 GMT

USD/CHF managed to hold above 0.9450

In case a key support at 0.9450 continues to repel USD/CHF, the currency couple will be perceived as bullish in the long run. While being en route toward 0.9775/84 the pair will encounter resistances at 0.9572 and 0.9595.

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