Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9207
Daily minimum: 0.9131

The pair slightly rebounded today as the US unemployment claims declined (367K act./373K est.), hitting the daily forecast mean at 0.9166.

Daily Resistance: 0.9230; 0.9308; 0.9366. 
Daily Support: 0.9094; 0.9036; 0.8958. 
Daily Bias: Strongly bearish.
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Actual Topics

Fri, 03 Feb 2012 08:09:03 GMT

EUR/USD to bounce off 1.3250

Upward correction is expected to end in the nearest future, since the pair is approaching an impenetrable for now resistance located at 1.3250. This in turn implies a sell off down to 1.3000 en route to a lower level at 1.2930.

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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