Daily Market Overview: EUR/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 100.87
Daily minimum: 100.00

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

Daily Resistance: 101.18; 102.05; 102.65. 
Daily Support: 99.71; 99.11; 98.24. 
Daily Bias: Neutral.

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Tue, 31 Jan 2012 18:04:51 GMT

Daily Market Overview: GBP/USD

1.5702 target was hit today on less-than-forecast UK M4 money supply (-1.4% act./0.3% est.).

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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