Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9228
Daily minimum: 0.9157

USD/CHF committed a much deeper correction today, leaving the daily market participants' (0.9242) untapped as investors were disappointed by poor data on US new home sales (307K act./321K est.).

Daily Resistance: 0.9301; 0.9388; 0.9436. 
Daily Support: 0.9166; 0.9118; 0.9031. 
Daily Bias: Strongly bearish.

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Fri, 27 Jan 2012 10:47:42 GMT

EUR/USD to end bullish correction

Bullish impetus is weakening ahead of tough resistance area at 1.3200/50. Rally may extend up to 1.3245/50, although further advancement is highly unlikely. Thus the attention is on the support lines at 1.3025 and at 1.2930.

Thu, 26 Jan 2012 16:29:56 GMT

Daily Market Overview: USD/JPY

USD/JPY advanced on strong monthly Core Durable Goods Orders (2.1% act./0.9% est.), though the daily forecast mean (77.84) has not been pierced yet.

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