Major currencies consolidating against the federal currency in today's Asian session, as the USDIX that tracks the dollar moves against a basket of major currencies, fluctuated between a high of 81.11 and a low of 80.90, while it is currently trading around 81.06. The U.S leading indicators will be released today with forecasts saying it will gain that may affect the dollar.
The euro dollar pair consolidated between a low of 1.3451 and a high of 1.3489, while it is currently trading around 1.3459 between the 1.3405 levels and 1.3500 levels. The euro zone's construction output is on queue today that may affect the pair on release, while momentum indicators on the daily scale are supporting the downside. Today's trading range shall be between 1.3590 levels and 1.3350 levels.
The pound dollar pair fell slightly recording a low of 1.5242 and a high of 1.5295, and the pair is trading in the oversold area according to the four hours stochastic oscillator. The pair is expected to trade between the 1.5345 levels and the 1.5180 levels, and if it breached the support, the pair will target 1.5110.
Finally, the pound dollar pair fluctuating between a high of 92.20 and a low of 91.92, while it is currently trading around 91.99 between the 91.70 levels and 92.15 levels. The pair may show further declines today according to the daily stochastic oscillator, and it is having a support at 90.45 along with a resistance at 92.55.