The Cable experienced some volatility on Tuesday, trading within the borders of the monthly PP and weekly R1.
After substantial turbulence on Tuesday, the most traded currency pair continues gaining value in the morning on Wednesday as well.
The Kiwi's attempts to edge lower were completely nullified yesterday, as the weakened US Dollar made room for its New Zealand counterpart's rally.
The American Dollar sustained losses after FOMC member Fischer's statement brought doubts about the Fed raising interest rates in September.
Even though the AUD/USD dropped to the weekly PP at 0.7361, the given pair was then pushed back up and breached the 0.74 major level.
The European currency overperformed on Monday, as it appreciated against the Yen a lot more than expected.
Fed's Stanley Fisher rate comments sent the XAU/USD cross in the direction of 1,109 for the first time in three weeks.
The USD/JPY touched the target resistance, namely the Bollinger band, yesterday, but closed at 124.63.
The Greenback weakened against the Sterling yesterday, after FOMC member Fischer's dovish statement concerning the September interest rate hike.
EUR/USD posted some decisive upward changes on Monday and tested recent lows/monthly PP at 1.10 for the first time since Jul 31.
The New Zealand Dollar slightly overperformed, as it appreciated beyond the 0.66 psychological level.
The USD/CAD's volatility was limited by the 20-day SMA and the upper Bollinger on Friday.
On Friday, the Australian Dollar managed to rebound from the 20-day SMA and settle at the highest level, unseen for two weeks.
Despite experiencing substantial volatility on Friday, the EUR/JPY cross still behaved in accordance with the forecast.
Volatility of gold prices was one of the highest in six trading days on Friday, but daily changes were far smaller than some massive movements registered earlier in July.
Although the USD/JPY currency pair declined last Friday, losses exceeded expectations
The 1.55 major level gave in last Friday, allowing the Cable to reach a fresh monthly low.
At first, markets pushed the most traded FX cross considerably downwards on Friday, with volatility provided by US labour market fundamentals.
The New Zealand Dollar behaved according to the forecast, as it appreciated against its US counterpart.
The Greenback tested the Bollinger band near the 1.32 psychological level and, as a result, was pushed back down, erasing this week's gains completely.
Although the AUD/USD currency pair was able to reach the predicted target level of 0.7315 yesterday, the Aussie still remained relatively unchanged against the US Dollar.
The European currency behaved in accordance with the forecast on Thursday, as it appreciated against the Yen.
Possibly after today's US report on jobs the XAU/USD cross will finally decide to move at least beyond its nearest technical levels, which are represented by the weekly pivot point and weekly S1 at 1,092 and 1,080, accordingly.
The USD/JPY currency pair experienced some volatility on Thursday, but ultimately, remained relatively unchanged.