The dollar and yen slipped against majors as the upbeat U.S. spending, housing, and confidence data enhanced demand on risky assets. The dollar index, a gauge of the dollar's movements versus a basket of major currencies, slumped to the lowest in 15 months reaching 74.64 from the opening at 75.07.

As regards to the euro-dollar pair, it is showing an incline on the daily charts but on the 4-hour and 1-hour charts it is declining. The euro zone lacked fundamentals today; however, the euro spiked high after breaching 1.5000 levels. The pair is currently traded at 1.5052, recording a high of 1.45095 and a low of 1.4954, whereas the coming support is at 1.5040 and resistance at 1.5070.

As for the sterling-dollar pair, it is also inclining on the daily charts but showing a downside bias on the 4-hour and 1-hour charts. Today's data showed that the pace of contraction moderated in the third quarter in the United Kingdom which helped the pound to rebound after yesterday's fall. So far, the pound is trading at 1.6651 setting a high of 1.6744 and a low of 1.6573; while the coming support for the pair is seen at 1.6630 and the resistance is spotted at 1.6680.

With regard to the dollar-yen pair, it slipped on the daily charts, continuing its downside trend that started on October 27, but showing an incline on the 4-hour charts. The dollar touched 10-month low against the yen after the FED minutes that cleared that they are not concerned with regard the current low level for the dollar. Now, the pair is trading around 87.68 after hitting a high of 88.62 and a low of 87.36; while the pair is currently facing the coming support level at 87.00, while the resistance is spotted at 88.60.