Majors moved in narrow ranges against the dollar during today's Asian session. The dollar index traded between the lowest 85.21 and the highest 85.64. The index now is trading around 85.26. Majors are believed to move rather technically today with the absence of any important releases.
The euro against the dollar traded during the Asian session between the highest of 1.2439 and the lowest at 1.2368. Now the pair is trading around the 1.2432 level, between 1.2430 and 1.2470. The hourly, four hours and daily momentum indicators point that the pair is within an overbought area. The pair today may trade around 1.2560 if it breaches the 1.2500 levels, and may trade around 1.2325 if it breaches the 1.2360 levels.
The pound against the dollar traded between the highest of 1.4806 and the lowest of 1.4884. Now the pair is trading around the 1.4879 levels between 1.4850 and 1.4930. The hourly, four hours and daily momentum indicators point that the pair is within an overbought area The pair today may trade around 1.5045 if it breaches the 1.5000 levels, and may trade around 1.4730 if it breaches the 1.4770 levels.
The dollar against the yen traded between the highest of 90.95 and the lowest of 90.33. Now the pair is trading around 90.76 levels between 90.00 and 90.80. The hourly and four hours momentum indicators show the pair is within overbought area, while the daily indicators show the pair might witness a negative crossover within an oversold area. The pair today may trade around 91.70 if it breaches the 91.45 levels, and may trade around 88.90 if it breaches the 89.55 levels.