So far the green Benjamin remains weak throughout the currencies market after that it approached a 14-year low against the yen and had the dollar index, which tracks the strength of the Federal currency in front of a basket of currencies, dropping to a 15-month low as the Federal Reserve declared will continue on being passive towards the weakening of the dollar.

As a result, the euro-dollar pair is continuing its incline to the upside as the euro is advancing significantly against the dollar to trade so far at 1.5089 recording a high of 1.5095 and a low of 1.4954 with a resistance at 1.5152 and a support at 1.4972, still the pair may start to fall according to the four-hour and one-hour stochastic oscillator.

As for the pound-dollar pair, it is narrow trading as mixed signs are witnessed within several time scales momentum indicators, having the royal pound so far trading at 1.6670 recording a high of 1.6744 and a low of 1.6573 with a resistance at 1.6703 and a support at 1.6620.

Now, the dollar-yen pair is plunging slightly, having in mind that the dollar approached a 14-year low against the low-yielding Japanese currency that is so far trading around 87.50 recording a high of 88.62 and a low of 87.36 with a resistance at 88.20 and a support at 86.67.