So far throughout the US session major pairs are consolidating on mixed sentiments as on one hand optimism rose following Basel committee's contingent capital vote as regulators issued a new capital rules on 30 of the world's largest banks in an effort to safeguard the global financial system and stunt economic growth, while that on the other hand the US commerce department showed consumer spending unexpectedly staggered in May.

As a result the euro-dollar pair is consolidating but may start climb to the upside according to the one-hour stochastic oscillator, having the Union currency trading so far around 1.4271 recording a high of 1.4292 and a low of 1.4102.Trading range for today is among the major support 1.4235 and the major resistance 1.4545

As for the pound-dollar, it is narrow trading to watch the royal pound trade so far around 1.5988 recording a high of 1.5979 and a low of 1.6010, having the pair showing a tendency to start falling according to the one-hour and four-hour momentum indicators.Trading range for today is among the major support 1.6125 and the major resistance 1.6520

Now, turning to the dollar-yen pair consolidated on the four-hour and one-hour charts but is forecasted to start slipping to the downside according to the one-hour and four-hour momentum indicators with the low-yielding yen now trading around 80.87 recording a high of 80.97 and a low of 81.29.The trading range for today is among the major support 79.00 and the major resistance 82.50.