Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9218
Daily minimum: 0.9178

USD/CHF Monday slid modestly towards the support level at 0.9106; technical indicators suggest the pair is likely to recover in the short-term.

Daily Resistance: 0.9235; 0.9285; 0.9364.
Daily Support: 0.9106; 0.9027; 0.8977.
Daily Bias: Strongly bullish.

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Tue, 13 Mar 2012 07:38:18 GMT

EUR/USD to breach 1.3084

As long as EUR/USD remains capped by resistances located at 1.3217/91 and 1.3487, the outlook is negative for the currency pair. Even though support at 1.3084 (55 day ma) has held until now, it is likely to give in and allow for losses to extend down to 1.2974/54 first, then 1.2624.

Mon, 12 Mar 2012 16:39:31 GMT

Daily Market Overview: USD/JPY

USD/JPY declined for a second day, after rising sharply by 87 peeps on Friday.

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