During the first day trading of the week, the European currency jumped to trade at the highest level against its major counterparts the American dollar and the Japanese yen, because of the market's expectations showed that Euro-zone industrial order index will accelerate more than a previous.
The euro/dollar pair traded at 1.3591 levels, after advancing 1.3622 during the first half of Asian session, recording the lowest at 1.3585, where the pair faces a resistance at 1.3600. The daily and four hours momentum indicators show the pair in an overbought area.
The pound declined against the US dollar during the Asian session, where the pair now trades around the 1.5964 level, after recording a high of 1.3994 and a low of 1.5955, and the pair faces a support at 1.5900. The daily show the pair in an overbought area, and four hours indicators give selling signs, supporting the pair's downside movement during today's session.
The yen/dollar pair rose, and now the pair trades around the 83.77 level, recording a high of 82.80 and a low of 82.56, the pair faces a support at 82.90, while the daily momentum indicators show the pair in a natural trend, while four hours indicators give buying selling, pushing the pair to incline.