Majors continued to move in narrow ranges with an upside bias against the dollar during today's Asian session. The dollar index traded between the lowest 85.59 and the highest 85.84. The index now is trading around 85.61. The US will release today its durable goods orders for May, in addition to the weekly jobless claims.

The euro against the dollar traded during the Asian session between the highest of 1.2351 and the lowest of 1.2305. Now the pair is trading around the 1.2344 level, between 1.2330 and 1.2400. EU will release today the industrial new orders for April. The hourly four hours momentum indicators point that the pair is within an overbought area. While the daily indicators show the pair might witness a positive crossover within an oversold area. The pair today may trade around 1.2500 if it breaches the 1.2470 levels, and may trade around 1.2215 if it breaches the 1.2240 levels.

The pound against the dollar traded between the highest of 1.4999 and the lowest of 1.4966. Now the pair is trading around the 1.4991 levels between 1.4960 and 1.5010. The hourly momentum indicators point that the pair is within an overbought area. The pair today may trade around 1.5160 if it breaches the 1.5075 levels, and may trade around 1.4850 if it breaches the 1.4930 levels.

The dollar against the yen traded between the highest of 89.96 and the lowest of 89.83. Now the pair is trading around 89.86 levels between 89.55 and 90.00. Japan will release today its CPI index for May. The hourly momentum indicators show the pair might rebound from an overbought area. While the four hours and the daily indicators show the pair might rebound from an oversold area. The pair today may trade around 91.20 if it breaches the 90.80 levels, and may trade around 88.45 if it breaches the 89.10 levels.