Daily Market Overview: EUR/JPY

Note: This section contains information in English only.
Source: Dukascopy
© Dukascopy

Daily maximum: 104.12

Daily minimum: 103.27

The market participants' mean target at 103.98 has been breached as the pair commenced a bearish reversal as the Japanese Yen is dominating within the pair on intensifying hopes the regions' financial conditions are getting worse. Investors should take into consideration the resistance levels at 104.36, 104.67 and 105.30 and the third support line at 102.78. The daily market outlook remains neutral.

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Wed, 23 Nov 2011 16:52:48 GMT

Daily Market Overview: USD/CHF

The pair inched lower today as investors turn to the American dollar as safe-haven currency on strong US macroeconomic data release today. Resistance 2 (0.9220) and 3 (0.9299) might be tested next whereas all support (0.9098; 0.9063; 0.8984) levels remained intact today. The daily market bias is neutral.

Wed, 23 Nov 2011 16:53:20 GMT

Daily Market Overview: EUR/USD

The shared European currency moved lower after bond yields of the core European economies, including Belgium, Germany and France, rose sharply as investors are removing investments from the region on fresh global economic concerns. These factors made the pair cross the market mean at 1.3512. The next pivot levels which might be tested till the rest of the trading day are resistance levels at 1.3567, 1.3617 and

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