Daily Market Overview: EUR/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 100.54
Daily minimum: 99.85

The Yen is strengthening against major currencies suggesting that investors still regard it as safe-haven.

Daily Resistance: 101.13; 101.48; 102.08. 
Daily Support: 100.18; 99.58; 99.53. 
Daily Bias: Bearish.

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Actual Topics

Tue, 07 Feb 2012 08:17:33 GMT

EUR/USD to trade below 1.3250/80

Key resistance area for EUR/USD at 1.3250/80 is expected to halt near-term rallies. In case it is breached, further levels at 1.3436 and 1.3627 will be targeted by the pair. Dips should be limited by a support situated at 1.3000.

Mon, 06 Feb 2012 16:35:48 GMT

Daily Market Overview: EUR/USD

Despite European investor confidence rise to a seven-month high in February and soothed credit-crunch concerns, the euro continues depreciation against the greenback.

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