Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9296
Daily minimum: 0.9208

USD/CHF moved higher today as investors sold Swiss francs against the dollar after the S&P put 15 Eurozone countries on rating downgrade notice. Thus, the market mean at 0.9202 remained untapped today.

Daily Resistance: 0.9236; 0.9266; 0.9302. 
Daily Support: 0.9170; 0.9134; 0.9104. 
Daily Bias: Neutral.
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Wed, 07 Dec 2011 08:19:06 GMT

EUR/USD is looking to retest 1.3214

From above EUR/USD currency pair is capped by a resistance area located at 1.3608/15. Even higher a key zone is situated - 1.3835/60 which is unlikely to be breached. The focus is on a support at 1.3214 where the pair is currently headed.

Tue, 06 Dec 2011 18:09:59 GMT

Daily Market Overview: USD/JPY

The American dollar edged slightly higher today versus the Japanese yen on the S&P announcement to cut ratings of 15 Eurozone members, thus the market participants' consensus at 77.85 was not hit today.

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