So far, the low-yielding currencies are having their appeal boosted as worries and fears persist throughout the currencies market and accordingly corroding the appetite of risk among traders whom believe highly that the economical healing process on a global scale will be rather slow, since news concerning major economic pillars is mostly gloomy, despite the cheerful incline of the German Factory Orders that was reported today.

As a result, the euro-dollar pair is plummeting deeply and is forecasted to slip further to the downside according to the stochastic oscillator on the four-hour chart, having the Union currency so far trading at 1.3932 recording a high of 1.4050 and a low of 1.3902 with a resistance at 1.3982 and a support at 1.3909.

As for the pound-dollar pair, it is plunging as well, being pulled considerably by the strengthened dollar, watching up till now the royal pound trading around 1.6119 recording a high of 1.6293 and a low of 1.6115 along with a resistance at 1.6207 and a support at 1.6035, having in mind that the pair may fall further according to the four-hour scale momentum indicators.

Now, turning to the dollar-yen pair, the low-yielding currency is highly targeted so far by traders due to its safe nature and appeal, pulling consequently the dollar to the downside and trading around 94.84 recording a high of 95.44 and a low of 94.77, with a resistance at 95.23 and a support at 94.53.