Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9411
Daily minimum: 0.9348

The pair continued its bearish correction as US housing starts (0.66M act./0.69M est.) disappoined investors and traded below the 0.9400 level.

Daily Resistance: 0.9562; 0.9632; 0.9689. 
Daily Support: 0.9435; 0.9378; 0.9308. 
Daily Bias: Neutral.
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Fri, 20 Jan 2012 10:46:08 GMT

EUR/USD to prolong rally

The currency pair has overcome 1.2830 (20 day ma) and is now headed toward 1.3077/1.3145. However, a resistance level located at 1.3245 is unlikely to be challenged. Supports at 1.2880/30, 1.2800 and 1.2698 should cover dips.

Thu, 19 Jan 2012 16:35:58 GMT

Daily Market Overview: USD/JPY

The American dollar remained trading in 76-77 channel versus the Japanese yen, hitting the daily forecast mean (76.79) as the US m/m Core CPI was released in line with the analysts expectations (0.1% act./0.1% est.).

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