So far, trader's appetite of risk continues on being boosted due to today's overall U.S news and mainly as a result of today's US Industrial Production for August that climbed up to 0.8% and the Capacity Utilization that rose to 69.6%, demonstrating an improvement of the current industrial sector of the world's largest economy and encouraging the target of the higher-yielding assets; the euro and the pound, since this shows a further economic healing of the world's largest economy.

As a result, the euro-dollar pair is inclining slightly but is forecasted to drop according to the four-hour stochastic oscillator, having the Union currency so far trading at 1.4713 recording a high of 1.4733 and a low of 1.4639 with a resistance at 1.4752 and a support at 1.4665.

As for the pound-dollar pair, it is narrow trading due to technical movements and is forecasted to slip to the downside according to the four-hour and the one-hour momentum indicators, having the royal pound trading at 1.6484 recording a high of 1.6532 and a low of 1.6430 with a resistance at 1.6518 and a support at 1.6444.

Now, turning to the dollar-yen pair, it is inclining on the four-hour scale and may rise further according to the four-hour stochastic oscillator, having the low-yielding yen trading at 90.95 recording a high of 91.37 and a low of 90.10 along with a resistance at 91.42 and a support at 90.47.