So far, traders'appetite of risk is deeply corroded throughout the currencies market as Greece's and Portugal severe budget crises created fears along with the worse than forecasted Durable Goods Orders, Initial Jobless Claims and Continuing Claims data reported by the world's leading power, boosting accordingly the refuge appeal of the green Benjamin.

As a result the euro-dollar pair is plummeting considerably on the daily chart and narrow trading on the four-hour and one-hour charts, knowing that the pair shows a strong tendency to slip to the downside according to the four-hour stochastic oscillator, having in fact the Union currency falling to a 6-month low against the dollar and now trading at 1.3975 recording a high of 1.4052 and a low of 1.3932 with a resistance at 1.4050 and a support at 1.3870.

However, the pound-dollar pair is plunging on various time scales as the U.S currency is advancing strongly against the royal pound that is so far trading at 1.6122 recording a high of 1.6274 and a low of 1.6118 with a resistance at 1.6285 and a support seen at 1.6070, while the pair may fall further according to the four-hour momentum indicators.

Now, turning to the dollar-yen pair, it is narrow trading between a resistance detected at 90.45 and a support level detected at 89.00 as mixed signs are seen throughout the momentum indicators within several time charts, having the pair trading so far 89.84 recording a high a 90.55 and a low of 89.60.