Daily Market Overview: EUR/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 100.50
Daily minimum: 99.25

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).

Daily Resistance: 100.58; 101.40; 101.93. 
Daily Support: 99.23; 98.70; 97.88. 
Daily Bias: Neutral.

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Wed, 01 Feb 2012 19:27:57 GMT

Daily Market Overview: GBP/USD

GBP/USD continued yesterday's rally on more-than-forecast Manufacturing PMI (52.1 act./50.1 est.), breaching the daily market participants' mean (1.5754).

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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