Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.2808
Daily minimum: 1.2665

EUR/USD rose today after Spain and Greece successfully sold their debts and German business confidence improved, encouraging investors to buy the euro versus dollar.

Daily Resistance: 1.2694; 1.2721; 1.2694. 
Daily Support: 1.2632; 1.2597; 1.2570. 
Daily Bias: Strongly bearish.

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Tue, 17 Jan 2012 17:41:48 GMT

Daily Market Overview: EUR/JPY

The shared European currency attempted to break through the 100 level on more-than-forecast German employment data, remaining the daily target at 99.54 untapped for now.

Tue, 17 Jan 2012 16:41:27 GMT

USD/CHF to surge

Being that a strong support at 0.9367/17 will repel any downward movements, USD/CHF is anticipated to recommence recovering. Initially, the pair should target 0.9565, then 0.9744/84 and 0.9950.

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