So far throughout the US session the Union currency remain on being solid and high after reaching today an eight-week high after that Greece's debt talks took a stronger turn to free up another international aid agreeing on several budget and structural measures with in fact the European Central Bank and the International Monetary Fund ready to put their final touches to the document.
Accordingly we watched the Dollar index which measures the performance of the U.S. dollar against a basket of currencies including the Euro, the Pound, and the Yen, fell to lowest since December to currently trade at 78.56 recording its highest level at 79.26 and its lowest at 78.48.
And therefore the euro rose against the dollar and remains on climbing to the upside after that Greece's debt talks took a stronger turn to free up another international aid sending in fact the EUR/USD pair to trade up around $1.3246 while recording the highest level of $1.3269 and lowest level of $1.3248, yet this pair is highly projected to fall according to the one-hour and four-hour stochastic oscillator.The trading range for today is among the major support at 1.2790 and the major resistance at 1.3220.
As for the British Pound, rose against the dollar as well, driving the GBP/USD pair to trade around $1.5896 while recording the highest level of $1.5902 and lowest of $1.5787 but is also forecasted to show a plummeting according mainly to the one-hour momentum indicators.The trading range for today is among key support at 1.5420 and key resistance at 1.5880.
Finally, the dollar rose and gained versus the Japanese Yen, after as the USD/JPY pair trades around ¥76.95 while recording the highest level of ¥76.95 and lowest levels of ¥76.95 showing mixed signs throughout its four-hour and one-hour momentum indicators.The trading range for today is among key support at 76.10 and key resistance now at 79.55.