The Union currency is gaining so far against the green Benjamin since that stocks and commodities erased declines and inflation accelerated actually to the fastest since 2008, which speculates accordingly that the European Central Bank will be more encouraged to raise interest rates, boosting therefore the euro.

As a result of these technical movements the euro-dollar pair is narrow trading on several time charts as neutral signs are witnessed throughout the momentum indicators at different time scales with the Union currency now trading around 1.4194 recording a high of 1.4243 and a low of 1.4047.The trading range for today is among the major support at 1.4020 and the major resistance at 1.4455.

As for the pound-dollar pair, is consolidating 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 1.6210 recording a high of 1.6252 and a low of 1.6141.The trading range for today is among the major support at 1.6110 and the major resistance at 1.6575.

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 80.76 recording a high of 81.06 and a low of 80.62.The trading range for today is among the major support at 79.00 and the major resistance at 83.50.