After that the green Benjamin fell to its lowest level of the year today throughout the currencies market as signs of a global recovery are mounting, the pairs are so far currently consolidated as a result of rough technical movements taking place throughout the overall currencies trading and the lack of crucial fundementals being released today.

As a result, despite the optimism spread, the euro-dollar pair is narrow-trading due to technical movements having the Union currency trading at 1.4781 recording a high of 1.4850 and a low of 1.4669 with a resistance at 1.4804 and a support at 1.4751, knowing that the pair may plummet according to the four-hour stochastic oscillator.

As for the pound-dollar pair, it is consolidated as well with a royal pound so far trading around 1.6352 recording a high of 1.6393 and a low of 1.6199 with a resistance at 1.6376 and a support at 1.6310, having in mind that the pair shows a strong tendency to slip to the downside according to the four-hour and the one-hour momentum indicators.

Now, turning to the dollar-yen pair, it is slightly inclining on the four-hour and one-hour charts and may even rise further to the upside according to the four-hour and one-hour scales momentum indicators, having the low-yielding yen trading so far around 91.19 recording a high of 92.07 and a low of 90.91 with a resistance at 91.42 and a support at 90.98.