VOLUME

EUR/USD
Daily maximum: 1.3043
Daily minimum: 1.2983
The daily forecast at 1.3038 has been pierced from the upside after Fitch put the negative outlook to the French credit rating.
Daily Resistance: 1.3082; 1.3128; 1.3171.
Daily Support: 1.2993; 1.2950; 1.2904.
Daily Bias: Bearish.

EUR/JPY
Daily maximum: 101.61
Daily minimum: 101.28
The shared European currency recovered after the Japanese government announced to trim 2012/13 national budget, thus EUR/JPY has hit the daily forecast consensus at 101.43.
Daily Resistance: 101.77; 102.12; 102.45.
Daily Support: 101.09; 100.76; 100.41.
Daily Bias: Bearish.

GBP/USD
Daily maximum: 1.5544
Daily minimum: 1.5466
The British pound pared its last week losses after Chancellor George Osborne stated the UK will introduce the ICB Bank reforms to enhance the banking sector in the country. As a result, the daily forecast mean has been breached at 1.5532.
Daily Resistance: 1.5572; 1.5602; 1.5646.
Daily Support: 1.5498; 1.5454; 1.5424.
Daily Bias: Strongly bearish.

USD/JPY
Daily maximum: 78.16
Daily minimum: 77.80
USD advanced today as investors sold safe-haven yens against USD as investors flee to the US T-bills on the EU debt fears, thus the daily forecast at 77.78 remained untapped today.
Daily Resistance: 77.96; 78.13; 78.31.
Daily Support: 77.61; 77.43; 77.26.
Daily Bias: Neutral.

USD/CHF
Daily maximum: 0.9399
Daily minimum: 0.9348
The daily market forecast mean at 0.9369 has been hit as investors moved to the safer US assets as investors are concerned about the EU economic prospects.
Daily Resistance: 0.9397; 0.9437; 0.9460.
Daily Support: 0.9334; 0.9311; 0.9271.
Daily Bias: Neutral.