So far the major pairs are narrow trading as a result of technical movements, yet on a daily scale we watched the dollar rose against the euro and the yean; gaining from the lowest level this month against the European currency, as optimism was spread on the U.S soil after that the consumer confidence of this month today came in close to its highest level in a year while that the value of the residential real estate market in 20 metropolitan regions rose faintly.

And therefore the euro-dollar pair is narrow trading as a result of the current correctional movements sending in fact the EUR/USD pair to trade up around $1.3337 while recording the highest level of $1.3384 and lowest level of $1.3316, knowing that the pair may incline but slightly as mixed signs are seen throughout the four-hour and one-hour momentum indicators.The trading range for today is among key support at 1.3180 and key resistance at 1.3550.

As for the British Pound, it is consolidating as well on these correctional movements driving the GBP/USD pair to trade around $1.5959 while recording the highest level of $1.5999 and lowest of $1.5940 and is most probably going to remain at consolidated levels as mixed signs; buying and selling, are also witnessed at several time scale within the stochastic oscialltor.The trading range for today is among key support at 1.5730 and key resistance at 1.6165.

Finally, the dollar shed faintly versus the Japanese Yen, as the USD/JPY pair trades around ¥83.08 while recording the highest level of ¥83.37 and lowest levels of ¥82.63 and is expected to rise to the upside according to the one-hour stochastic oscillator.The trading range for today is among key support at 81.50 and key resistance now at 84.15.