Daily Market Overview: USD/CHF

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

Daily maximum: 0.9400

Daily minimum: 0.9316

The daily market forecast mean at 0.9391 remained intact today as the SVME PMI index showed the Swiss economy shows resilience to the global economic slowdown, thus the pair moved downwards.


Daily Resistance: 0.9418; 0.9440; 0.9469. 
Daily Support: 0.9367; 0.9338; 0.9316. 
Daily Bias: Neutral.
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Actual Topics

Wed, 04 Jan 2012 07:49:09 GMT

EUR/USD to reach 1.3145/1.3250

The currency pair has overcome an accelerated downtrend and is now facing 20 day ma located at 1.3080. Nonetheless, this resistance is unlikely to hold, allowing for an extended rally up to 1.3145/1.3250 which should become the final stage of the upside correction.

Tue, 03 Jan 2012 16:04:18 GMT

Daily Market Overview: USD/JPY

The Japanese yen strengthened today as the EU debt woes continue to worry investors. The daily forecast mean at 76.95 has been approached.

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