Today's Asian session witnessed weak volumes amid the absence of Hong Kong and Australia markets, as major currencies settled at yesterday's close. The dollar still at a one week low against the euro and the pound, when it rose to seven months high against the yen. The European and the British markets are in holiday, while the U.S will release the change in non farm payrolls that is expected to show employers added 190 thousand jobs in March.
The euro reached the highest yesterday at 1.3590, before it stop at this levels to start a slight decline in today's Asian session recording a low of 1.3568 and a high of 1.3588. The 1.3600 levels representing a major resistance for the euro, but it might be breached in today's trades along with weak trading volume due to the Easter Holiday. However, the 1.3530 levels represent a support for the pair.
The support level of 1.5300 stopped the pound moves against the dollar, to start a slight decline in the Asian session. The pair recorded a high of 1.5292 and a low of 1.5267. However, the 1.5200 level is representing a support for the pair, as there is a weak chance that the pair will breach the resistance level of 1.5300.
Finally, the dollar yen pair continued to incline recording the highest in seven months, as the pair breached the down trend on the weekly chart, giving a good buy chance. The pair recorded the highest in seven months at 94.03, and during the Asian session the pair recorded a low of 93.66. The resistance level of 94.00 may stop the pair's rally especially with low trading volume.