So far, major pairs are narrow-trading due to strong technical movements after that the dollar weakened to a 15-month low against the currencies of major U.S trading partners as the Group of 20 nations was silent regarding the U.S currency current past movements in the market, leaving in fact the Federal currency to its own destiny.

Consequently, the euro-dollar pair is narrow trading as a result of technical movements taking place so far within the currencies market, having the euro trading so far at 1.4989 recording a high of 1.5020 and a low of 1.4850 with a strong resistance at 1.5123 and support at 1.4879, knowing that the pair may plunge according to one-hour stochastic oscillator.

As for the pound-dollar pair, it is narrow trading as mixed signs are witnessed throughout the one-hour and four-hour momentum indicators, having so far the royal pound trading at 1.6731 recording a high of 1.6843 and a low of 1.4850 with a resistance at 1.6773 and a support at 1.6670.

Now, turning to the dollar-yen pair, it is consolidating so far between a resistance level witnessed at 90.44 and support level detected at 89.42, having the low-yielding Japanese currency trading up till now around 90.02 recording a high of 90.26 and low of 89.67.