The decline of the EUR/USD lasted until it touched the 1.1270 level. Afterwards a recovery began which had reached the 1.1320 level on Monday.
The gold charts were reviewed on Friday. Although, the junior pattern was broken a couple of hours after the review.
The short version of everything below is - if the pair breaks the resistance at 113.60-113.70, it is highly likely going to surge up to the 114.40 mark.
Although the GBP/USD has been ignoring most technical levels, the 200-hour SMA has been taken into account, as it has caused a decline of the pair.
Due to a combination of Fundamental information and Technical Analysis resistance levels the EUR/USD plummeted down below the 1.1300 mark on Friday.
The recent surge failed to pass the 1,250.00 level.
USD/JPY has resumed its surge and reached above the 113.40 level.
The Brexit saga continues, as a confidence vote is triggered by UK Conservatives against Theresa May.
The turmoil in the United Kingdom affects the strength of the Euro. Namely, as the UK Parliament triggered a confidence vote in Theresa May, the currency exchange rate plummeted.
The yellow metal declined down to the 1,242.00 level, where it found the needed support to continue its surge.
The surge of the USD/JPY reached the 113.40 level before retracing dowanrds back to the levels near the 113.00 mark.
Theresa May has cancelled the vote on the Brexit deal.
The Euro has felt some spill over from the British Pound, as the Brexit Parliament vote has been cancelled by the Prime Minister of the United Kingdom.
After reaching the 1,250.00 level the yellow metal began a retreat down to the previously passed Fibonacci retracement levels.
By the middle of Tuesday's trading session the rate had pierced trough a strong resistance cluster near the 112.70 mark.
On Monday, the GBP/USD was plummeting downwards, as no support levels were holding it down from declining.
EUR/USD has managed to break the previously numerous times tested upper trend line of a dominant descending pattern.
The resistance at 1,241,40 has been pierced.
The USD/JPY has pierced the support line of a dominant ascending pattern, signalling that the USD/JPY is set to decline in the near future.
After once more testing a dominant resistance level at 1.2800 the GBP/USD declined on Friday.
The rate has once more tested the high level of 1.1400. Although, after the testing of the high level the rate began a decline.
Another attempt to pass the resistance at 1,241.40 was made just as forecast. Although, the pair did not pass the resistance level.
By the middle of Thursday's trading session, the USD/JPY continued to trade near the lower trend line of a dominant large scale ascending pattern.
By the middle of Thrusday's trading session the GBP/USD had decreased its volatility, compared to the previous sessions.