Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3341
Daily minimum: 1.3232

The pair broke through the 1.33 level today as the German Ifo Business Climate index rose to the seven month high - 109.6 versus analysts estimate at 108.7.

Daily Resistance: 1.3274; 1.3443; 1.3590. 
Daily Support: 1.3219; 1.2981; 1.2725. 
Daily Bias: Bullish.

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Fri, 24 Feb 2012 07:02:51 GMT

Daily Market Overview: EUR/JPY

Right after EUR/JPY touched the daily forecast mean at 106.02, the pair rebounded, continuing weekly rally as the German business sentiment improved.

Thu, 23 Feb 2012 11:58:01 GMT

USD/CHF to base at 0.9080/66

Even though a support at 0.9080/66 is anticipated to hold, we cannot rule out a drop down to 0.8960, which guards 0.8787/68 (200 day ma). Rallies are to be stopped by 0.9300, 0.9311 and 0.9317/31.

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