Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9295
Daily minimum: 0.9231

USD/CHF stays in an upward sloping channel and is now struggling at 0.9317/30, which should withstand the bullish pressure and send the pair back to 0.9276.

Daily Resistance: 0.9317/30; 0.9386.
Daily Support: 0.9276; 0.9249; 0.9208.
Daily Bias: Strongly bullish.

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Thu, 15 Mar 2012 12:24:00 GMT

EUR/USD aims for 1.2974/54

EUR/USD has pushed through a support at 1.3055 (55 day ma) and is now being underpinned by 1.3000. Even though the currency pair might rally to some small extent, afterwards it should fall down to 1.2974/54.

Wed, 14 Mar 2012 18:47:48 GMT

Daily Market Overview: USD/JPY

USD/JPY's strong bullish momentum shows no signs of weakening, implying further apreciation of the US Dollar relative to the Japanese Yen, even though the pair is now facing a tough resistance at 83.95.

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