Daily Market Overview: GBP/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.5909
Daily minimum: 1.5806

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.

Daily Resistance: 1.6008; 1.5950; 1.5886.
Daily Support: 1.5764/58; 1.5706; 1.5642.
Daily Bias: Neutral.

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Fri, 23 Mar 2012 20:12:52 GMT

Daily Market Overview: USD/JPY

After testing a resistance at 82.76, the pair started to tumble at an accelerated pace. At the moment, USD/JPY is struggling at support of 82.19. In case the pair manages to break this level it is likely to fall until support of 82.07 impedes its downswing.

Fri, 23 Mar 2012 20:12:40 GMT

Daily Market Overview: EUR/JPY

Daily maximum: 109.82Daily 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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