Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9555
Daily minimum: 0.9449

The American dollar advanced today after the release of the Empire State Manufacturing Index, which made investors feel optimistic over the US property market recovery.

Daily Resistance: 0.9562; 0.9585; 0.9603. 
Daily Support: 0.9521; 0.9503; 0.9480. 
Daily Bias: Strongly Bullish.
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Wed, 18 Jan 2012 12:04:50 GMT

EUR/USD to end bullish correction at 1.2871/86

Current rally of EUR/USD is expected to last for several days, being capped by a resistance zone situated at 1.2871/86 (20 day ma). Nonetheless, the overall outlook remains bearish with the initial target lying at 1.2530/88.

Tue, 17 Jan 2012 17:41:59 GMT

Daily Market Overview: USD/JPY

The pair paired its previous intraday losses after the Empire State Manufacturing Index rose more-than-expected (13.5 act./10.8 est.), suggesting the property market is gradually going back in shape.

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