Daily Market Overview: EUR/USD

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

Daily maximum: 1.3458

Daily minimum: 1.3312

The shared European currency advanced today as the pair continued its recovery after the ECB cut the benchmark rate at 1.00% and agreed to provide unlimited cash to banks for 3 years. As a result the traders' forecast mean at 1.3406 has been breached.

Daily Resistance: 1.3459; 1.3508; 1.3562. Daily Support: 1.3356; 1.3302; 1.3253. Daily Bias: Neutral.

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Wed, 21 Dec 2011 17:06:08 GMT

Daily Market Overview: EUR/JPY

The Euro pierced the market participants' forecast at 104.16 against the Yen though it went lower as investors acquired yens on the EU debt concern.

Wed, 21 Dec 2011 08:06:59 GMT

USD/CHF to slide down

The American Dollar - Swiss Franc currency pair has penetrated an uptrend and is now heading toward 0.9176/74 after which it might aim for 0.9092 (55 day ma). The immediate resistance is at 0.9331/17, followed by 0.9400 and 0.9548/49.

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