Risky currencies performed well yesterday following a successful auction of Spanish bonds that helped to ease fears of the Euro zone fiscal crisis, prompting investors to take on riskier positions. The Swiss franc was a big mover after the Swiss National Bank declared it would end its efforts to weaken the currency.

Forex Market Trends

 
EUR/USD
GBP/USD
USD/JPY
USD/CHF
AUD/USD
EUR/GBP

Daily Trend
up
up
down
down
up
up

Weekly Trend
up
up
down
down
up
up

Resistance
1.2480
1.4905
91.60
1.1195
0.8770
0.8445

1.2460
1.4885
91.40
1.1175
0.8750
0.8425

1.2430
1.4855
91.10
1.1145
0.8720
0.8395

Support
1.2370
1.4795
90.50
1.1085
0.8660
0.8335

1.2340
1.4765
90.20
1.1055
0.8630
0.8305

1.2320
1.4745
90.00
1.1035
0.8610
0.8285