01st March 2011 – FX Daily Report by GFM Research

EURUSD may find stiff resistance at 1.3955 ranges. Common Currency though settled positive but caught in 1.3700-1.3865 range since last three days. USDCHF may pair some of the price losses in near-term till its trades above 0.9230. Dow Jones continued up rally and settled 0.79 percent higher at 12226.34 against previous close of 12130.45.

 


FX Pair     Support 2         Support 1          Resistance 1           Resistance 2


EURUSD        1.3664               1.3790                 1.3872                    1.3955
GBPUSD        1.6070               1.6204                 1.6294                    1.6380
USDCHF         0.9230               0.9291                 0.9488                    0.9575
USDJPY           81.20                 82.03                   82.61                     82.80
EURJPY          111.44               113.10                 114.30                        –
AUDUSD         1.0091               1.0130                 1.0222                        –


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