Daily Market Overview: EUR/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 100.45
Daily minimum: 99.62

EUR/JPY moved downwards today on more-than-expected Japan's annual monetary base change (15.0% act./14.6% est.), causing the market participants' forecast (100.13) to breach.

Daily Resistance: 100.90; 101.52; 102.35. 
Daily Support: 99.45; 98.62; 98.00. 
Daily Bias: Neutral.

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Thu, 02 Feb 2012 20:07:56 GMT

Daily Market Overview: GBP/USD

The British pound commenced a correction today and broke through the daily forecast mean (1.5813) on poor UK construction PMI (51.4 act./52.8 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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