Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3486
Daily minimum: 1.3399

The market mean at 1.3427 was successfully pierced today on fresh hopes the EU debt crisis will be resolved in the near term as the German Chancellor Angela Merkel and the French president Nicola Sarkozy met today to discuss the possible solutions to the financial turmoil in Europe.

Daily Resistance: 1.3513; 1.3623; 1.3699. 
Daily Support: 1.3327; 1.3251; 1.3141. 
Daily Bias: Neutral.

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Mon, 05 Dec 2011 16:52:39 GMT

Daily Market Overview: EUR/JPY

The single European currency inched higher today as investors are optimistic regarding the potential EU debt crisis solution, causing the market participants' mean at 104.69 to breach.

Mon, 05 Dec 2011 08:13:56 GMT

USD/CHF's outlook is negative

After a strong resistance at 0.9341/99 has repelled the attack of the currency pair, the outlook is temporary negative for USD/CHF. Nonetheless, dips should be limited by supports located at 0.9040, 0.9015 and 0.8950.

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