Daily Technical Overview: USD/JPY

Note: This section contains information in English only.
Source: Dukascopy
© Dukascopy
Daily maximum: 76.95
Daily minimum: 76.77

USD/JPY inched lower today as worries intensified over the European financial turmoil, causing investors to purchase the Japanese yen against the American dollar. Therefore, the market mean at 76.87 has been approached. Investors should be aware of the resistance levels at 77.11/30/75 and support lines at 76.65/83 and 75.93 respectively. The daily outlook is strongly bearish.
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Mon, 21 Nov 2011 16:59:40 GMT

Daily Technical Overview: USD/CHF

The American dollar remains in favour versus the Swiss Franc as investors continue buying the pair on dips; hence the market participants' consensus at 0.9163 remained intact today.

Mon, 21 Nov 2011 16:59:22 GMT

Daily Technical Overview: GBP/USD

The British pound commenced moving downwards on new worries over the European Debt crisis amidst the UK economy shows no signs of a sustainable recovery. As a result, the market mean at 1.5806 remained untapped today.

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