Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9545
Daily minimum: 0.9443

The market forecast mean for Thursday (0.9534) was successfully hit after the US business inventories declined (0.3% act./0.4% est.), suggesting the US economic recovery is gaining pace.

Daily Resistance: 0.9579; 0.9615; 0.9664. 
Daily Support: 0.9494; 0.9445; 0.9409. 
Daily Bias: Strongly bullish.

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Fri, 13 Jan 2012 08:53:21 GMT

EUR/USD to end upward correction near 1.2933

Even though the current rally may extend up to 1.2933, the long-term outlook remains negative for the pair. As soon as bullish momentum weakens near one of the resistances, EUR/USD will dip down 1.2530/88 while en route to 1.2083.

Thu, 12 Jan 2012 16:34:16 GMT

Daily Market Overview: USD/JPY

The Japanese yen appreciated today against the American dollar and pierced the market participants' target at 76.89 as the Economy Watchers Sentiment improved (47.0 act./46.3 est.).

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