So far, the major pairs are narrow trading on technical movements after that the high-yielding currencies; the euro and the pound, saw their appeal boosted and were targeted by traders due to pessimism created by the unexpected gloomy plunge of the world's largest economy, which confirmed that the confidence of the country remains weak and affected depressingly by the crisis.

As a result of these technical movements, the euro-dollar pair is so far narrow-trading but is expected to rise on the four-hour and one-hour stochastic oscillator, having the Union currency trading around 1.4786 recording a high of 1.4926 and a support at 1.4769 with a resistance at 1.4883 and a support at 1.4664.

As for the pound-dollar pair, it is consolidated as well as mixed signs are witnessed within the momentum indicators at different time scales, having the royal pound so far trading around 1.6345 recording a high of 1.6438 and a low of 1.6281 with a resistance at 1.6505 and a support at 1.6189.

Now, turning to the dollar-yen pair, it is plummeting as the green Benjamin is being pulled to the downside by the yen, having in fact the low-yielding Japanese currency so far trading at 91.76 recording a high of 92.32 and a low of 91.30 along with a resistance level witnessed at 92.10 and a support level at 91.43.