The dollar gained slightly against major currencies in today's Asian session, after the euro and the pound rose yesterday on hopes as the ECB governor Jean Claude Trichet said Greece's disaster would not affect the global recovery. The USDIX that tracks the dollar's strength against major currencies recorded a high of 81.57 and a low of 81.37, while the index is currently trading around 81.55.
The euro dollar pair fell slightly in the Asian session to record a low of 1.3341 and a high of 1.3375, having the union currency trading around 1.3345. The pair inclined yesterday, but it couldn't breach the 1.3385 level to start declining again today, and the pair might continue its correctional move to the upside as it is trading in the oversold area since last week. Today's support could be found at 1.3240, while the resistance could be found at 1.3460.
Regarding the pound dollar pair, it is trading between the 1.5300 levels and 1.5255 levels recording a high of 1.5297 and a low of 1.5265, having the royal currency trading around 1.5280. The pair is having a support at 1.5180 along with a resistance at 1.5380 and the daily stochastic oscillator is supporting the downside. The British PPI output core is on queue today that may affect the pair.
Finally, the dollar yen pair rose slightly to record a high of 93.61 and a low of 93.38, while the pair is currently trading around 93.55. The pair is having a support at 92.30 along with a resistance at 94.00 the daily stochastic oscillator support the downside, while momentum indicators on the four hour scale signal a correctional move to the upside.