Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3197
Daily minimum: 1.3115

The pair advanced today on investor optimism that the Greek debt deal will be reached on February 20, leaving the daily forecast mean (1.3101) intact.

Daily Resistance: 1.3203; 1.3477; 1.3590. 
Daily Support: 1.3019; 1.2889; 1.2725. 
Daily Bias: Strongly bearish.

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Fri, 17 Feb 2012 16:59:51 GMT

Daily Market Overview: EUR/JPY

EUR/JPY continued its rally and broke through the 103.29 target as the Bank of Japan continued its easing programme to weaken the Yen.

Fri, 17 Feb 2012 14:59:09 GMT

EUR/USD's outlook remains negative

Despite current short-term rally which started at 1.2974 the bias remains bearish for EUR/USD. The initial target for the pair is located at 1.2891/54, while in the longer term the price should fall at least down to 1.2624.

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