So far, the major pairs are narrow trading throughout the currencies market as a result of a mixture of sentiments; fears and hopes, as uncertainties are largely spread concerning the persistent unsolved budget crisis of Greece, having the European Central Bank President; Jean-Claude Trichet, proclaiming today that Greece's present disaster should not be a huge issue and would not truly affect the global recovery from the worst crisis witnessed since WWII.

As a result, the euro-dollar pair is presently narrow trading but forecasted to climb to the upside according to the four-her momentum indicators, having so far the Union currency trading at 1.3343 recording a high of 1.3366 and a low of 1.3280 with a resistance seen at 1.3460 and a support level detected around 1.3240.

As for the pound-dollar pair, it is consolidating so far as well due to strong uncertainties spread, having the royal pound now trading around 1.5259 recording a high of 1.5275 and a low of 1.5139 with a resistance at 1.5380 and a support at 1.5180, having in mind that the pair may drop to the downside according to the one-hour stochastic oscillator.

Now, turning to the dollar-yen pair, it is narrow trading between a resistance level witnessed at 94.00 and a support level detected around 92.30 as mixed signs are seen throughout the momentum indicators at different time scales, having the low-yielding Japanese now trading at 93.39 recording a high of 93.43 and a low of 92.81.