Major currencies gained against the dollar in today's Asian session, as investors' appetite for risk increased after European Finance Ministers decided to aid Greece to fight its swelling budget deficit. The USDIX that tracks the dollar's performance against a basket of major currencies, declined to record a low of 80.08 and a high of 80.41, while it is currently trading around 80.15.
The euro dollar pair inclined to record a high of 1.3653 and a low of 1.3587, having the union currency trading around 1.3640. The pair declined to the 1.3575 levels yesterday where it found a strong support, and today the pair is taking a correctional move to the upside, having a resistance at 1.3675 along with a support at 1.3505. Momentum indicators on the four hour charts are supporting the upside, and the euro zone's Zew survey will be released today affecting the pair.
Regarding the pound dollar pair, it inclined ahead of a report expected to show inflation accelerating in U.K. the pair recorded a high of 1.5708 and a low of 1.5652, having the royal pound trading around 1.5700. Today the pair is having a resistance at 1.5765 along with a support at 1.5650, and pair may gain further today according to the daily stochastic oscillator.
Finally, the dollar, declined against its Japanese counterpart recording a low of 89.70 and a high of 90.06, and the pair is currently trading around 89.80. Today's support could be found at 89.55, while the resistance could be found at 90.90. Momentum indicators on the daily charts saying the pair is heading towards the oversold area.