The euro and the pound inclined against the dollar in today's Asian session taking the same uptrend started by the beginning of this week. The yen continued to gain against the dollar especially after today's fundamentals showed Japan's economy expanded in the second quarter. The USDIX declined recording a low of 76.57 and a high of 76.84.

The euro dollar pair gained recording a high of 1.4619 and a low of 1.4570, having the union currency trading around 1.4611. The pair breached the 1.4600 yesterday and today it is having a resistance at 1.4655 along with a support at 1.4575. Today the ECB will release its monthly report that may affect the pair trades. If the resistance was breached the pair will target 1.4685 levels, and momentum indicators on the four hours scale are supporting the upside.

Regarding the pound dollar pair, it inclined recording a high of 1.6724 and a low of 1.6642, having the royal currency trading around 1.6715. The pair is having a resistance at 1.6765 along with a support at 1.6650. The pair is trading in an overbought area according to the daily stochastic oscillator, and if the resistance was breached the pair will target 1.6800. England's PPI output and input are on queue today that may help the pound to gain if they showed improvements.

Finally, the dollar continued to decline against the Japanese yen after fundamentals showed Japan's economy expanded 2.3% in the second quarter to end a series of contractions. The pair recorded a low of 91.20 and a high of 91.69 and it is having a support at 91.00 along with a resistance at 91.75. The pair may break its support to get back to the 90.70 levels. Uni of Michigan confidence will be seen today that may move the market on release. So far, the four hours stochastic oscillator is supporting the downside.