Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3205
Daily minimum: 1.3066

EUR/USD commenced a short-term correction on a surprise decline of the US unemployment (8.3% act./8.5% est.) and cross the daily forecast mean at 1.3142.

Daily Resistance: 1.3198; 1.3252; 1.3309. 
Daily Support: 1.3087; 1.3030; 1.2976. 
Daily Bias: Neutral.

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Fri, 03 Feb 2012 17:54:17 GMT

Daily Market Overview: EUR/JPY

The shared European currency edged over the Japanese yen as the Italian preliminary monthly CPI rose in January (0.3% act./0.2% est.), the market participants' mean was pierced today (100.11).

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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