Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3186
Daily minimum: 1.3048

EUR/USD has ignored a string of resistances and has effortlessly pierced through 1.3100/3086. However, 1.3182 managed to halt advancement of the pair, which is now expected to terminate its bullish move and continue falling down.

Daily Resistance: 1.3182; 1.3245; 1.3370.
Daily Support: 1.3129/24; 1.3100/3086; 1.3066/64.
Daily Bias: Bearish.

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Fri, 16 Mar 2012 19:40:56 GMT

Daily Market Overview: EUR/JPY

EUR/JPY has now stalled at 109.84, which is likely to be a short-term consolidation before the price recommences its rally towards 110.17, en route to 110.44.

Fri, 16 Mar 2012 11:53:33 GMT

USD/CHF to rebound from 0.9185

Failed attempt to penetrate 0.9317 should result in a dip to 0.9185, which guards a subsequent support level at 0.9066. Rallies should be contained by resistances at 0.9300, 0.9317 and 0.9340/42.

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