Throughout today's US session the Union currency continues on gaining on against the dollar as optimism was spread within the European Union region after that the German business confidence unexpectedly rose close to a record high, boosting once again bets that the ECB will rise up its interest rates.

As a result of this strengthened euro and weak dollar the euro-dollar pair is inclining of course being pulled up by a stronger Union currency on several time charts but forecasted to start inclining as seen throughout the momentum indicators at different time scales as well with the Union currency now trading around 1.4099 recording a high of 1.4132 and a low of 1.4001.The trading range for today is among the major support at 1.4265 and the major resistance at 1.4640.

As for the pound-dollar pair, it is consolidating on technical movements and is forecasted to start inclining to the upside according to the four-hour and one-hour stochastic oscillator, having in fact the royal pound so far trading around 1.6178 recording a high of 1.6207 and a low of 1.6057.The trading range for today is among the major support at 1.6210 and the major resistance at 1.6525.

Now turning to the dollar-yen pair, it is actually consolidating on technical movements since that mixed signs are watched and seen throughout several time charts within the momentum indicators with the low-yielding yen now trading around 81.93 recording a high of 82.20 and a low of 81.61.The trading range for today is among the major support at 79.00 and the major resistance at 82.50.