Major currencies consolidating against the American dollar in today's Asian session, and the USDIX is fluctuating between a high of 82.40 and a low of 82.28, while the index is currently trading around 82.35. The euro zone's PPI and housing data from the U.S will be released today that may move the market.
The euro dollar pair is consolidating between the 1.3225 levels and 1.3105 levels recording a high of 1.3213 and a low of 1.3191, having the union currency trading around 1.3205. The pair is in an attempt to breach the 1.3215 levels, after it dropped to 1.3154 levels yesterday, but the pair will be facing a resistance at 1.3300 and a support at 1.3175. The euro zone's producer prices index is on queue today that may affect the pair.
Regarding the pound dollar pair, it rose slightly in the Asian session recording a high of 1.5262 and a low of 1.5240, having the royal currency trading around 1.5260. The pair is having a resistance at 1.5350 along with a support at 1.5160, and the pair is expected to show further gains according to the four hour stochastic oscillator. However, the British mortgage approvals and net consumer credit are on queue today that may move the pair.
Finally, the dollar continued to gain against the Japanese yen recording a high of 94.97 and a low of 94.64, while the pair is currently trading around 94.90. Today's resistance could be found at 94.80, while the support could be found at 93.80, and if the pair breached the resistance, it may jump to the 95.60 levels. Yet, the pair is trading in the overbought area according to momentum indicators on the daily charts.