Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9574
Daily minimum: 0.9407

The daily forecast mean has been pierced (0.9460) as weak US trade balance figure (-47.8B act/-44.8 est.) disappointed investors.

Daily Resistance: 0.9523; 0.9602; 0.9698. 
Daily Support: 0.9388; 0.9332; 0.9253. 
Daily Bias: Neutral.

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Actual Topics

Mon, 16 Jan 2012 07:59:50 GMT

EUR/USD to hit 1.2530/88

The outlook for EUR/USD will remain negative as long as a cluster of resistances at 1.2913/20 (downtrend and 20 day ma) stays in place. Currently the pair is moving toward 1.2530/88, while a long-term target is 1.2083 (200 month ma).

Fri, 13 Jan 2012 18:34:05 GMT

Daily Market Overview: USD/JPY

USD/JPY declined today and pierced the daily forecast mean (76.79) as the US trade balance unexpectedly widened (-47.8B act./-44.8B est.).

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