So far throughout the currencies market and in the U.S session the high-yielding currencies are being targeted by traders as their appetite of risk is boosted after that the ADP employment change showed that once again to show us that 201 thousand workers were added in the U.S private sector this month knowing that the average monthly increase over the last four months is an optimistic add of 211 thousand workers.
As a result the euro-dollar pair is inclining on several time charts as the euro is targeted on optimism spread, knowing that the pair may climb further to the upside according to the four-hour stochastic oscillator with the Union currency trading around 1.4129 recording a high of 1.4147 and a low of 1.4050. The trading range for today is among the key support at 1.3365 and the key resistance at 1.3715.
As for the pound-dollar pair, it is inclining as well on technical movements and cheerfulness spread with the royal pound now trading around 1.6053 recording a high of 1.6081 and a low of 1.5977 and the pair shows a tendency to continue its incline on the one-hour momentum indicators. The trading range for today is among the key support at 1.5965 and the key resistance at 1.6300.
Now the dollar-yen pair, it is plummeting and is expected to slip further to the downside according to the four-hour momentum indicators, having the low-yielding yen trading around 82.80 recording a high of 83.18 and a low of 82.35. The trading range for today is among the key support at 81.05 and the key resistance at 84.25.