For the third consecutive day the Sterling declined against the American Dollar on Thursday, despite initial signs suggesting a rally.
After posting a 2.5% red candle on Thursday, EUR/USD opened non-volatile and slightly reddish.
The RBNZ Governor's statement strengthened the New Zealand Dollar yesterday, allowing it to add 47 pips against the Greenback.
The Loonie strengthened against its US counterpart yesterday, completely ignoring the immediate support cluster.
The AUD/USD currency pair surprised with its performance on Wednesday, as it completely recovered from its intraday low and even erased Tuesday's losses.
Since the EUR/JPY cross failed to climb over the weekly R1 and remained relatively unchanged on Wednesday, there are doubts the given pair can successfully breach this level today.
After respecting the 1,169.10 area for three consecutive sessions, the Bullion opened green with a takeoff from the month-long channel upper boundary.
The immediate support cluster, represented by the 23.60% Fibo and the weekly PP, managed to limit the losses on Wednesday, thus, keeping the Cable above the 1.26 mark.
EUR/USD opened in line with the senior channel expectations, targeting the upper trend-line at 1.0795 with a red candle.
In spite of all bullish signs, the Greenback failed to edge higher against the Japanese Yen yesterday, as the 23.60% Fibo provide to be too strong to pierce.
The New Zealand Dollar was unable to climb over the monthly pivot point for the third consecutive time on Tuesday, resulting in a 24-pip loss against the US currency.
As was anticipated, the American Dollar touched the immediate resistance area around 1.3313 yesterday, but was unable to keep outperforming the Canadian counterpart.
The AUD/USD currency pair remained relatively unchanged on Tuesday, with falling oil prices weighing on the commodity currency.
The European single currency weakened against the Japanese Yen, bouncing back from what appears to be a newly-emerged channel's resistance line.
Following a completely non-volatile session, gold opened slightly reddish, and line with the channel down pattern on the hourly chart.
The USD/JPY remained relatively unchanged on Tuesday, although a surge beyond the 23.60% Fibonacci Retracement was still successful.
The British currency slid back under 1.27 on Tuesday, after having appreciated against the US Dollar for five consecutive sessions.
The Euro opened green against the US Dollar Wednesday morning, after re-entering the channel on the hourly chart, but failing to dive underneath the January low of 1.0709.
The NZD/USD currency pair surprised with its performance on Monday, having unexpectedly recovered from its intraday low and posted a five-pip gain.
After having experienced relatively strong volatility on Monday, the USD/CAD is now expected to take a breather.
Yesterday for the third consecutive time the Australian Dollar outperformed the Greenback, but remained between the immediate support and resistance levels.
With turmoil around Italy quickly faded, the EUR/JPY cross successfully surged on Monday, managing to climb over the June 23 high, thus, establishing a new seven-month high.
AUD/JPY began its dive in 2014, leaving resistance at 101.14 to lose around 30% in general, and set the current ground at 75.29. The pair entered a ranging market mid-2016 and established an uptrend, which led to a break above the top boundary of the channel that contained the motion south. While it is quite evident that technical aspects show
Gold made several patterns give in to the three-week senior one, setting a ground at 1169.10 on Monday.