Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3290
Daily minimum: 1.3186

EUR/USD has effortlessly pierced through a support at 1.3227/22 (100 day ma) while falling. However, 1.3179/75 did succeed in halting the pair. Therefore we are likely to see a rebound from the latter level until the end of the day.

Daily Resistance: 1.3322; 1.3368; 1.3416. 
Daily Support: 1.3227; 1.3179; 1.3132. 
Daily Bias: Bullish.

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Fri, 10 Feb 2012 16:26:38 GMT

Daily Market Overview: EUR/JPY

Along with EUR/USD, EUR/JPY has tumbled as well, down through 102.78. The price is now contained within a narrow range between 102.56 (55 day ma) and 102.27. In the short-term we expect the currency pair to return to prior level at 103.05 and higher.

Fri, 10 Feb 2012 09:50:48 GMT

USD/CHF to fall below 0.9080/60

Support provided by 0.9080/60 is unlikely to be enough to keep the pair underpinned. USD/CHF is expected to dip down to 0.8750 (200 day ma) and afterwards commence recovering. Resistances will be encountered at 0.9174 and 0.9244/50.

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