The Japanese yen fell versus its major counterparts with the beginning week's trading, as the Japan's economy grew in third quarter more than expected, along with data showing the Asian economic recovery is gaining, increasing the demand for high yielding currencies with the return of confidence to investors, curbed demand for Japan's currency as a safer asset. The euro rose slightly against the dollar during today's Asian session, trading above the level 1.3600, recording a high of 1.3749 and a low of 1.3662. On the other hand, the pair faces a support at 1.3600, as the pair declined. The daily and four hours momentum indicators show the pair in an oversold area, which may stop a downside movement. The pound dropped against the dollar, recording a low of 1.6099 and a high of 1.6152, and now it trades around 1.6110 where the pair faces a resistance at 1.6170. The daily momentum indicators show the pair in an overbought area, while the four hours momentum indicators show an open area to both high and low. The yen rose against the dollar during the Asian session, recording a high of 82.75 and a low of 82.38. Now the pair trades around 82.65, facing a resistance at 82.85. The daily and four hours momentum indicators show the pair in an oversold area, yet the chances for an upside movement remain valid.

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