Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3163
Daily minimum: 1.3100

The single European currency slumped further today versus the US dollar as German monthly factory orders fell more than expected (-2.7% act./0.6% est.).

Daily Resistance: 1.3191; 1.3391; 1.3947.
Daily Support: 1.3069; 1.2990; 1.2725.
Daily Bias: Strongly bearish.

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Wed, 07 Mar 2012 19:47:56 GMT

Daily Market Overview: EUR/JPY

The pair continued moving downwards today after touching the daily forecast mean (106.39) as uncertainty over the Greek debt swap persists.

Wed, 07 Mar 2012 10:38:13 GMT

USD/CHF to carry on advancing

The US Dollar is expected to continue appreciating relative to the Swiss Franc. The initial target lies at 0.9257 (55 day ma), while subsequent goals are located at 0.9317 and 0.9595. Losses of the pair should be contained by supports at 0.9088 and 0.9075/23.

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