Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9161
Daily minimum: 0.9110

USD/CHF moderately moved upwards today on more-than expected US PMI data, crossing the daily target at 0.9110.

Daily Resistance: 0.9176; 0.9290; 0.9493.
Daily Support: 0.9073; 0.8863; 0.8531.
Daily Bias: Bullish.
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Tue, 06 Mar 2012 09:25:19 GMT

EUR/USD to breach 1.3168

Even though an uptrend support at 1.3168 has managed to underpin the pair, rallies are unlikely to extend above 1.3322. Bearish outlook persists, pushing EUR/USD down to 1.2974/54 en route to 1.2624.

Mon, 05 Mar 2012 17:43:17 GMT

Daily Market Overview: USD/JPY

The Japanese yen depreciated versus the US dollar, piercing the daily forecast mean (81.63) on strong ISM non-manufacturing PMI (57.3 act./56.1 est.).

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