Today, the Japanese Yen and the US dollar had witnessed another drop versus their major counterpart, due to the market's expectations that showed French business confidence increased, along with before a U.K. report that will show retail sales accelerated.
Moreover, the greenback declined during today's Asian session, as Asian stock markets advanced, pushed the investment to buy high0yielding assets.
The euro declined today against the dollar trading around 1.3608, after recording the highest at 1.3624 and the lowest at 1.3590. The pair faces a support at 1.3575. The daily momentum indicators give buying signs, while the four hours indicators show the pair in an overbought area.
The pound dropped slightly against the dollar during the Asian session, while now it tries to incline, trading around 1.6175, recording a high at 1.6179 and a low at 1.6159. The pair faces a resistance at 1.6185. The daily and four hours momentum indicators show the pair in an overbought area.
The dollar against the yen fell during today's Asian session, now the pair trades around the 83.28 level, recording the highest at 83.39 and the lowest at 83.23. The pair faces a support at 83.00. The daily momentum indicators give selling signs, while the four hours indicators show the pair in an oversold are.