Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9565
Daily minimum: 0.9526

The daily market forecast mean (0.9460) was not reached today as investors continued moving from the European bonds to the US T-bills, causing USD to appreciate against the Swiss Franc.

Daily Resistance: 0.9523; 0.9602; 0.9658. 
Daily Support: 0.9388; 0.9332; 0.9253. 
Daily Bias: Strongly bullish.

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Tue, 17 Jan 2012 16:09:07 GMT

EUR/USD eyes 1.2530/88

Downside risk should persist for as long as 20 day ma and a downtrend at 1.2890/1.2903 are not breached. The initial support is situated at 1.2624. Should the latter level be violated, then EUR/USD is likely to dip down to 1.2530/88.

Mon, 16 Jan 2012 16:52:02 GMT

Daily Market Overview: USD/JPY

USD/JPY remained in a flat trend today, while breaching the market participants' mean (76.79) on strong core machinery monthly change (14.8% act./5.8% est.).

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