Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.2823
Daily minimum: 1.2699

EUR/USD pierced the daily forecast mean at 1.2715 and went higher on more-than expected Italian Industrial Month-on-Month Production (0.3% act./-0.2% est.) and French CPI M/M (0.4% act./02.% est.).

Daily Resistance: 1.2776; 1.2823; 1.2904. 
Daily Support: 1.2648; 1.2591; 1.2520. 
Daily Bias: Strongly bearish.

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Thu, 12 Jan 2012 16:34:09 GMT

Daily Market Overview: EUR/JPY

The common European currency inched lower today as the Japanese economy showed a more than expected Current Account surplus (0.48T act./0.52T est.).

Wed, 11 Jan 2012 17:01:57 GMT

Daily Market Overview: USD/CHF

The daily market forecast mean at 0.9490 has been pierced as the pair recovered on more than expected inventories, paring early weekly losses.

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