Major currencies rose slightly against the dollar in today's Asian session to offset some of yesterday's drop. The USDIX that tracks the dollar's strength against a basket of major currencies declined to record a low of 82.09 and a high of 82.34, while the index is currently trading around 82.13. The FOMC rate decision is on queue today that will move the market on release.
The euro dollar pair rose slightly to record a high of 1.3217 and a low of 1.3163, while it is currently trading around 1.3204 between the 1.3190 levels and 1.3225 levels. The pair is expected to show further gains today according to the stochastic oscillator on the four charts, while today's trading range may be between 1.3290 levels and 1.3115 levels.
Regarding the pound dollar pair, it recode a high of 1.5287 and a low of 1.5234, having the royal currency trading around 1.5278, between the 1.5255 levels and the 1.5290 levels. The pair is having a resistance at 1.5365 along with a support at 1.5185, and if the pair broke the resistance, it will target 1.5395. However, momentum indicators on the daily scale are supporting the downside.
Finally, the dollar yen pair is trading between a low of 92.98 and a high of 93.34, while the pair is currently trading around 93.17 between the 92.70 levels and 93.45 levels. Today's support could be found at 92.25, while the resistance could be found at 94.00, and if the support was breached, the pair may fall back to the 91.60 levels.