Daily Market Overview: EUR/USD

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

Daily maximum: 1.2971

Daily minimum: 1.2922

The pair started New Year with breaching the daily forecast mean at 1.2946 and slipping lower after the EU manufacturing output contracted for the fifth month in a row.


Daily Resistance: 1.2992; 1.3043; 1.3087. 
Daily Support: 1.2897; 1.2853; 1.2802. 
Daily Bias: Bearish.
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Mon, 02 Jan 2012 16:34:24 GMT

Daily Market Overview: EUR/JPY

The euro continued trading in a bearish trend after the manufacturing output shrank for the fifth consecutive month, trading below 100.00 on Monday.

Mon, 02 Jan 2012 09:16:10 GMT

USD/CHF's bullish impetus strengthens

As long as the currency couple is supported by a strong area situated at 0.9350/60, the bias remains bullish. The Dollar is thus expected to carry on appreciating relative to the Swissie before a height of 0.9500/25 is approached.

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