Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3213
Daily minimum: 1.3114

The shared European currency lower today against the American dollar today and pierced the daily forecast mean (1.3146) on weak French consumer spending (-0.7% act./0.3% est.) and German retail sales (-1.4% act./0.9% est.).

Daily Resistance: 1.3219; 1.3295; 1.3367. 
Daily Support: 1.3071; 1.2999; 1.2923. 
Daily Bias: Bullish.

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Tue, 31 Jan 2012 18:04:41 GMT

Daily Market Overview: EUR/JPY

EUR/JPY embraced losses today as weak macroeconomic data from the Eurozone discouraged investors; thus, the daily forecast mean (101.50) remained intact today.

Fri, 03 Feb 2012 17:12:30 GMT

EUR/JPY to hover below 102.55/60

At the moment EUR/JPY is capped by a resistance zone at 102.55/60 and is unlikely to breach this level in the short-term. The initial support is at 101.00/100.75, followed by lines at 98.90 and 97.04.

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