Majors moved in tight ranges against the dollar with some upside bias during the Asian session, where the dollar index traded between the lowest of 82.11 and the highest of 82.28. The index now trades around 82.13. The US will release today the durable goods orders for June in addition to the EIA crude oil report and the Fed's Beige book. Meanwhile the ECB will publish its lending survey, and central bank of Australia will release its interest rate decision expected to rise to 3.00% from 2.75%. However, Germany will release today its consumer price index for June.

The euro traded today between the highest of 1.3001 and the lowest of 1.2966. Now it trades around 1.2998, between 1.2990 and 1.3030. The hourly and daily momentum indicators show the pair will rebound from an oversold area, but the four hours indicators show the pair will rebound from an overbought area. The pair may target the 1.3090 if it breaches the 1.3065, and may target the 1.2890 level if it breaches the 1.2935.

The pound traded today between the highest of 1.5588 and the lowest of 1.5561. Now it trades around 1.5583, between 1.5580 and 1.5620. The hourly momentum indicators show the pair is will continue to rebound from an oversold area, while the four hours and daily indicators show the pair might witness a negative crossover within an overbought area. The pair may target the 1.5745 if it breaches the 1.5695, and may target the 1.5455 level if it breaches the 1.5495.

The dollar against the yen traded today between the highest of 87.86 and the lowest of 87.65. Now it trades around 87.78, between 87.65 and 88.00. The hourly momentum indicators show the pair might rebound from an oversold area. While the four hours and daily indicators show the pair might witness a negative crossover within an overbought area. The pair may target the 89.00 if it breaches the 88.65, and may target the 86.80 level if it breaches the 87.25.