Daily Market Overview: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9126
Daily minimum: 0.9077

Despite the majority of the indicators poiting to the downside, USD/CHF currency pair has managed to rally and has already breached a resistance at 0.9118/21.

Daily Resistance: 0.9142; 0.9157; 0.9155.
Daily Support: 0.9118/21; 0.9089; 0.9067.
Daily Bias: Strongly bearish.

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Thu, 22 Mar 2012 10:08:56 GMT

EUR/USD to fail at 1.3291/1.3325

EUR/USD presently does not seem to possess enough bullish momentum to be capable of breaching a key resistance zone 1.3291/1.3325. In case the currency pair dips below 1.3140, there will be an increased possibility of a drop down to 1.3112 (55 day ma).

Wed, 21 Mar 2012 20:04:37 GMT

Daily Market Overview: USD/JPY

After surging up to a resistance at 84.11, the pair has bounced off it and is now headed towards support at 83.60, where USD/JPY is expected to commence recovering until 84.56 is reached.

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