So far the major pairs are consolidating mainly on technical movements after that the green Benjamin gained considerable throughout the prior EU session as fears were boosted since that the Federal Reserve Chairman Ben S. Bernanke signaled yesterday that the central bank would not actually add to stimulus measures.

As a result of these technical movements the euro-dollar pair is narrow trading on several time charts as neutral signs are witnessed throughout the momentum indicators at different time scales with the Union currency now trading around 1.4190 recording a high of 1.4355 and a low of 1.4126.Trading range for today is among the major support 1.4235 and the major resistance 1.4545

As for the pound-dollar pair, is consolidating and is forecasted to start inclining to the upside according to the four-hour and one-hour stochastic oscillator, having in fact the royal pound so far trading around 1.5979 recording a high of 1.6072 and a low of 1.5937.Trading range for today is among the major support 1.6125 and the major resistance 1.6520

Now turning to the dollar-yen pair, it is actually consolidating on technical movements since that mixed signs are watched and seen throughout several time charts within the momentum indicators with the low-yielding yen now trading around 80.56 recording a high of 80.78 and a low of 80.27.The trading range for today is among the major support 79.00 and the major resistance 82.50.