Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3202
Daily minimum: 1.3026

The single European currency advanced today versus the American dollar, piercing the daily forecast (1.3103) as the gap between the German / peripheral Eurozone countries bond yields narrowed.

Daily Resistance: 1.3182; 1.3284; 1.3354. 
Daily Support: 1.3010; 1.2940; 1.2838. 
Daily Bias: Neutral.

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Wed, 01 Feb 2012 19:27:49 GMT

Daily Market Overview: EUR/JPY

The pair rebounded today despite the fact the annual average cash earnings were released higher than expected (-0.2% act./-0.3% est.), causing the pair to pierce the daily forecast mean (99.97).

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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