Daily Market Overview: GBP/USD

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

Daily maximum: 1.5542

Daily minimum: 1.5476

The British pound moved downwards today after the UK Prime Minister David Cameron said the economy is vulnerable to the EZ turmoil; the daily market participants' mean target (1.5509) has been breached.


Daily Resistance: 1.5601; 1.5672; 1.5772. 
Daily Support: 1.5430; 1.5330; 1.5259. 
Daily Bias: Strongly bearish.
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Mon, 02 Jan 2012 16:34:34 GMT

Daily Market Overview: USD/JPY

USD/JPY added to losses today as investors bought safe-haven yens against USD as investors flee to the Japanese currency on debt woes, causing the daily target at 77.07 to breach.

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.

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