Daily Market Overview: USD/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 83.56
Daily minimum: 83.01

USD/JPY has been trading today within a corridor formed by a resistance at 83.51 and a support at 83.09. Since this near-term consolidation is a part of a bearish correction, resistance at 83.70 should be challenged as soon as this pullback is over.

Daily Resistance: 83.41/43; 83.51/56; 83.70.
Daily Support: 83.09; 82.76; 82.60.
Daily Bias: Bullish.

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Mon, 19 Mar 2012 20:37:27 GMT

Daily Market Overview: USD/CHF

Support located at 0.9091 managed to withstand bearish pressure for now. However, the price might drop even lower, down to 0.0914, given its recent tendency.

Mon, 19 Mar 2012 20:37:46 GMT

Daily Market Overview: EUR/USD

After stalling near 1.3184 in the first part of the day, the pair has managed to overcome this resistance. At the moment it is headed towards 1.3274, which may halt bullish advancement.

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