The greenback rose against its major counterparts during the second day trading, while it increased versus the Japanese yen as a safe heave, after earthquake damaged factories and crippled nuclear power plants, causing electricity shortages, boosting the investors' demand for the dollar.
The euro started today's session with a decline against the dollar and it is continuing to decline. The pair trades around 1.3921 after recording the highest at 1.3999 and the lowest at 1.3892s. The pair faces a support at 1.3875. The four hours momentum indicators give selling signs, which favors the pair's downside movement.
The pound also fell today against the greenback, trading around 1.6104 after recording the highest at 1.6183 and the lowest at 1.6096. The pair faces a support at 1.6080. The daily momentum indicators give buying signs, while four hours indicators show the pair in an overbought area.
The dollar/yen pair declined during the Asian session, as the pair trades around the 81.51 level, recording the highest at 81.97 and the lowest at 81.21. The pair faces a support at 81.15. The daily and four hours momentum indicators show the pair near of the oversold area, which favors the pair's downside movement.