Daily Market Overview: EUR/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 109.82
Daily minimum: 108.93

|Despite neutral bias, the pair climbed sharply up to resistance of 109.69/79 and then retreated back to a support at 109.30, breached it and eroded further to 108.58. EUR/JPY may thus soon challenge next support at 108.14.

Daily Resistance: 111.28; 110.13; 109.30/45.
Daily Support: 109.04; 108.62/70; 107.32.
Daily Bias: Neutral.

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Fri, 23 Mar 2012 20:12:46 GMT

Daily Market Overview: GBP/USD

After trading within a corridor of 1.5823/11, GBP/USD rallied and encountered a resistance at 1.5856. The pair bounced off the latter level and currently is consolidating in a narrow range between 1.5855 and 1.5821. It is expected to infract subsequent support at 1.5812.

Fri, 23 Mar 2012 20:12:33 GMT

Daily Market Overview: EUR/USD

After struggling at 1.3241/09, the pair climbed, matching bullish sentiment, and disrupted a confluence of resistances at 1.3261/93. However, EUR/USD has just broken its upward trend and is testing support at 1.3224.

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