Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9010
Daily minimum: 0.8944

The pair still maintains its bearish momentum as investors acquired Swiss Francs on improving macroeconomic conditions in Europe.

Daily Resistance: 0.9013; 0.9114; 0.9493. 
Daily Support: 0.8917; 0.8867; 0.8531. 
Daily Bias: Strongly bearish.

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Tue, 28 Feb 2012 13:26:08 GMT

GBP/USD to pierce through 1.5898/1.5927

Even though a zone at 1.5898/1.5927 is formed by a number of resistances, including 200 day ma, it is likely to be breached, as it poses no threat to the current bullish impetus. Intraday losses should be limited by supports situated at 1.5694 and 1.5650/43.

Mon, 27 Feb 2012 19:20:12 GMT

Daily Market Overview: USD/JPY

Daily maximum: 81.48Daily minimum: 80.13USD/JPY advanced today on an increase in US monthly pending home sales, hitting the daily forecast mean at 80.89. Daily Resistance: 79.77; 81.62; 82.42. Daily Support: 80.34; 79.97; 75.51. Daily Bias: Strongly bullish.

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