So far the low-yielding assets; the dollar and the yen, continue on seeing their refuge appeal boosted as within the prior EU session throughout the currencies market due mainly to the fact that Chinese banking authorities ordered major banks to stop lending for the rest of January as a way to tighten credit markets, which could slow down the present global recovery process.

As a result of these fears spread, the euro dropped to a five-month low against the dollar, knowing that Greece's bonds plummeted, having the euro-dollar falling so far and the Union currency trading at 1.4102 recording a high of 1.4295 and a low of 1.4077 with a resistance at 1.4215 and a support at 1.3945, never less the pair is highly forecasted to start inclining according to the four-hour and one-hour stochastic oscillators.

Still, the pound-dollar pair is slightly plunging due to technical movements but is forecasted to slid further to the downside according to the one-hour momentum indicators, having the royal pound trading at 1.6270 recording a high of 1.6371 and a low of 1.6242 with a resistance at 1.6310 and a support at 1.6190.

Now, turning to the dollar-yen pair, it is narrow trading between a resistance level witnessed at 91.82 and a support level detected at 89.75 as mixed signs are seen within different time scales momentum indicators, having the Japanese yen so far trading around 91.23 recording a high of 91.45 and a low of 90.77.