Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy
© Dukascopy
Daily maximum: 0.9240
Daily minimum: 0.9140

The bullish momentum American dollar for pair losses steam as investors purchase the Swiss Franc on hope the Swiss National Bank will intervene to change the exchange rate of EUR/CHF to 1.30. The market target mean 0.9232 has been pierced. Daily Resistance: 0.9297; 0.9368; 0.9499. Daily Support: 0.9166; 0.9105; 0.8973. The daily training signals suggest the pair will be trading in a flat trend.
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Wed, 30 Nov 2011 08:35:10 GMT

EUR/USD is bearish

From above EUR/USD is capped by an extremely tough resistance level at 1.3440 which is unlikely to be breached soon. In case support area located at 1.3265/50 fails to underpin the pair, dips may extend down to 1.3210, en route to 1.3150.

Tue, 29 Nov 2011 16:57:33 GMT

Daily Market Overview: USD/JPY

The market participants' target consensus at 77.91 was successfully approached today as the Japanese yen eased on improving retail sales. Daily Resistance: 78.39; 78.70; 79.49. Daily Support: 77.61; 77.14; 76.35. The daily training signals point at a strong bullish trend.

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