Daily Market Overview: USD/CHF

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

Daily maximum: 0.9510

Daily minimum: 0.9466

The 0.9517 mark remained intact today and the pair crossed the 0.9500 level after the resignation of the SNB chairman. 

Daily Resistance: 0.9562; 0.9631; 0.9667. 
Daily Support: 0.9457; 0.9421; 0.9352. 
Daily Bias: Neutral.
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Actual Topics

Wed, 11 Jan 2012 08:48:26 GMT

EUR/USD is recovering

Succeeding a recovery up to 1.2820/60 or 1.2974, the pair should recommence falling. The mid-term bearish outlook is thus likely to remain until 1.2530/88 is reached. Longer term target lies even lower, at 1.2083 (200 month ma).

Tue, 10 Jan 2012 17:50:55 GMT

Daily Market Overview: USD/JPY

USD/JPY remained flat today, piercing the market mean at 76.86 despite the emptying wholesale inventories in the US.

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