Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3159
Daily minimum: 1.3078

The shared European currency depreciated versus the American dollar today and pierced the daily forecast mean (1.3122) the EU annual M3 money supply was released lower than expected (1.6% act./2.2% est.).

Daily Resistance: 1.3164; 1.3220; 1.3257. 
Daily Support: 1.3071; 1.3034; 1.2978. 
Daily Bias: Strongly bullish.

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Fri, 27 Jan 2012 17:33:29 GMT

Daily Market Overview: USD/CHF

The pair traded below 0.9200 level today as the US advange GDP disappointed investors (2.8% act./3.0% est.).

Fri, 27 Jan 2012 12:52:08 GMT

USD/CHF is neutral

Being that USD/CHF has violated support at 0.9250, the price is expected to fall down to 0.9080/65. The latter level should provide sufficient support and halt bearish movement. In the long-term USD/CHF should aim for 0.9775.

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