Pairs are so far narrow trading as a result of technical movements and mixed sentiments, as on one hand uncertainties are spread ahead of the outcome of the Federal Reserve's meeting to review its policy to bolster the U.S economy and optimism is spread as well after that a report showed retail sales growth coming in better than the market forecasts for the month of November.
As a result the euro-dollar pair is consolidating so far due to the present technical movements and uncertainties to have the Union currency trading around 1.3409 recording a high of 1.3497 and a low of 1.3360, knowing that the pair may start to plummet strongly according to the four-hour stochastic oscillator. The trading range for today is among the key support at 1.3240 and the key resistance at 1.3625.
As for the pound-dollar pair, it is dropping faintly to the downside but is forecasted to start climbing up to the upside according to the one-hour momentum indicators with the royal pound so far trading around 1.5794 recording a high of 1.5910 and a low of 1.5737. The trading range for today is among the key support at 1.5735 and the key resistance at 1.6060.
Now, turning to the dollar-yen pair, it is narrow trading as mixed signs are detected at different time scales throughout the momentum indicators, having the low-yielding trading around 79.22 recording a high of 79.52 and a low of 78.82. The trading range for today is among the key support at 81.65 and the key resistance at 85.00.