Majors moved in narrow ranges with some upside bias against the dollar, as investors await the release Germany's unemployment rate, UK's business investment, the US ADP employment change and Canada's GDP. The dollar index traded today between the highest 86.25 and the lowest 85.96. the index now trades around 85.97.

The euro against the dollar traded during the Asian session between the highest of 1.2223 and the lowest of 1.2166. Now the pair is trading around the 1.2217 level, between 1.2210 and 1.2300. The hourly momentum indicators show the pair is within an overbought area. But the four hours indicators show the pair might rebound from an oversold area, yet the daily indicators show pair the might rebound from an oversold area. The pair might trade around 1.2400 if it breaches the 1.2335 and may trade around the 1.2100 if it breaches the 1.2170.

The pound against the dollar traded during the Asian session between the highest of 1.5072 and the lowest of 1.5026. Now the pair is trading around the 1.5066 level, between 1.5025 and 1.5130. The hourly momentum indicators show the pair is within an overbought area. But the four hours indicators show the pair might rebound from an oversold area, yet the daily indicators show the might witness a negative crossover in an overbought area. The pair might trade around 1.5230 if it breaches the 1.5195 and may trade around the 1.4900 if it breaches the 1.4960.

The dollar against the yen traded between the highest of 88.66 and the lowest of 88.38. Now the pair is trading around the 88.60 level, between 87.30 and 88.75. The hourly, four hours and daily momentum indicators show the pair might rebound from an oversold area. The pair might trade around 89.25 if it