Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.2681
Daily minimum: 1.2626

EUR/USD left the daily forecast mean (1.2794) untapped as the pair moved lower on Friday S&P downgrade of 9 Eurozone countries.

Daily Resistance: 1.2873; 1.2932; 1.3019. 
Daily Support: 1.2727; 1.2640; 1.2581. 
Daily Bias: Strongly bearish.

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Mon, 16 Jan 2012 16:51:48 GMT

Daily Market Overview: EUR/JPY

The euro continued moving downwards, leaving the daily market participants' mean (98.23) intact, as investors cheered the increase core machinery orders (14.8% act./5.8% est.).

Mon, 16 Jan 2012 08:00:45 GMT

USD/CHF to inch higher

USD/CHF has finished its downward corrective move and is now expected to commence advancing, being supported by a strong level at 0.9364/17. At first the pair is anticipated to reach 0.9595, while being en route to 0.9774 in the longer term.

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