Majors moved in narrow ranges against the dollar as investors are awaiting the important jobless report from the US and the EU. The dollar index traded today between the highest 84.61 and the lowest 84.47. The index now trades around 84.60. The US is expected to add 110 thousand jobs in June where the unemployment rate might reach to 9.8% from 9.7%, while in the EU the unemployment rate might be unchanged at 10.1%.

The euro against the dollar traded during the Asian session between the highest of 1.2530 and the lowest of 1.2505. Now the pair is trading around the 1.2514 level, between 1.2500 and 1.2565. The EU will also release the PPI index for May. The hourly momentum indicators show the pair might rebound from an overbought area. However, the four hours indicators show the pair is within an overbought area, but the daily indicators show the pair might rebound from an oversold area. The pair might trade around 1.2670 if it breaches the 1.2610 and may trade around the 1.2400 if it breaches the 1.2470.

The pound against the dollar traded during the Asian session between the highest of 1.5196 and the lowest of 1.5158. Now the pair is trading around the 1.5177 level, between 1.5130 and 1.5180. UK will release today the PMI construction for the month of June. The hourly momentum indicators show the pair might rebound from an overbought area. But the four hours and daily indicators show that the pair is within an oversold area. The pair might trade around 1.5290 if it breaches the 1.5215 and may trade around the 1.5010 if it breaches the 1.5070.

The dollar against the yen traded between the highest of 88.20 and the lowest of 87.68. Now the pair is trading around the 88.05 level, between 88.00 and 88.55. The hourly momentum indicators show the pair is within an overbought area. But the four hours and the daily indicators show that the pair might rebound from an oversold area. The pair might trade around 89.70 if it breaches the 89.30 and may trade around the 87.30 if it breaches the 87.75.