So far, the green Benjamin strengthened slightly throughout the currencies market in front of the majors; the pound and the euro, as a result of strong correctional movements, despite a considerable drop of the green Federal currency within the prior sessions knowing that it plunged to its worst level since August 2008.

As a result, the euro-dollar pair is declining and is forecasted to slump further according to the four-hour chart stochastic oscillator, having the Union currency trading at 1.4789 recording a high of 1.4817 and a low of 1.4681 with a resistance 1.4806 and a support at 1.4752.

As for the pound-dollar pair, it is narrow trading as a result of these rough technical movements, having the royal pound so far trading at 1.6093 recording a high of 1.6118 and a low of 1.5946 with a resistance at 1.6128 and a support at 1.6045, knowing that the pair may fall to the downside according to the four-hour momentum indicators.

Now, turning to the dollar-yen pair, it is inclining as the Japanese currency is loosing so far against the dollar on technical movements, having the low-yielding yen trading at 88.44 recording a high of 88.10 and a low of 88.13, knowing that a resistance level could be witnessed at 88.79 and a support level could be detected at 88.19.