Daily Market Overview: EUR/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 109.96
Daily minimum: 109.00

EUR/JPY has now stalled at 109.84, which is likely to be a short-term consolidation before the price recommences its rally towards 110.17, en route to 110.44.

Daily Resistance: 110.17; 110.44; 110.72.
Daily Support: 109.67; 109.42/13; 108.84/63.
Daily Bias: Bullish.

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Fri, 16 Mar 2012 19:41:01 GMT

Daily Market Overview: GBP/USD

The Cable has failed to overcome a resistance level located at 1.5850 and is now slowly inching lower, down to 1.5793, while a key support may be found at 1.5713/1.5683, being a confluence of 55, 100 and 200 moving averages, apart from a downtrend and a pivot point.

Fri, 16 Mar 2012 19:40:51 GMT

Daily Market Overview: EUR/USD

EUR/USD has ignored a string of resistances and has effortlessly pierced through 1.3100/3086. However, 1.3182 managed to halt advancement of the pair, which is now expected to terminate its bullish move and continue falling down.

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