The euro and the pound started this week gaining against the green currency, while the yen is consolidating. The USDIX fell recording a low of 76.72 and a high of 77.00.
The euro dollar pair inclined in today's Asian session recording a high of 1.4646 and a low of 1.4595, having the 16 nation's currency trading around 1.4640. Today the pair is having a resistance at 1.4685 along with a support at 1.4590. The change in euro zone's retail sales will be released today and it may affect the pair's trades. If the pair breached the resistance it will target 1.4725. However, momentum indicators on the four hours charts are supporting the upside.
Regarding the pound dollar pair, it also gained recording a high of 1.6000 and a low of 1.5927 having the royal pound trading around 1.5990. The pair is having a resistance at 1.6045 along with a support at 1.5955. In case the pair breached the resistance, we may see the pair trading near the 1.6090 levels. The British PMI services is on queue today and it may support the pair to show further gains specially. However, the four hours stochastic oscillator is supporting the upside.
Finally, the dollar yen pair is consolidating between 90.00 and 89.60 recording a high of 89.94 and a low of 89.69. The pair is having a resistance at 90.15 along with a support at 89.35. We may see the pair breaching the resistance today and trading near the 90.65 levels. Yet, the pair is trading in an overbought area according to the four hours stochastic oscillator.