On Thursday, the EUR/USD faced a strong resistance level at the 1.1350 mark.
After reaching the targeted 1,240.00 level on Tuesday, on Wednesday gold prices declined downwards until they met with the support of the 55-hour simple moving average.
The drop of the USD/JPY was stopped by the lower trend line of the most dominant, largest ascending channel pattern's support line.
The GBP/USD pair retreated down below the 1.27 mark on Wednesday morning.
During the last twenty four hours the EUR/USD has increased its volatility to a 100 base point range.
The target of 1,240.00 has been reached.
The USD/JPY was plummeting on Tuesday, breaking technical charts.
On Tuesday morning the GBP/USD revealed a descending pattern. Although, the rate is still highly volatile.
The EUR/USD pair has surged to the upper trend line of a dominant descending channel pattern near the 1.14 mark.
Gold continues to surge in an ascending pattern. However, it has encountered the resistance of the pattern and is set to consolidate its gains.
On Monday, the USD/JPY surged up and broke last resistance levels on the daily chart before the 114.00 mark.
On Monday, the GBP/USD plummeted like a rock. It passed all support levels and plummeted down to almost reach the 1.2700 level.
On Monday morning the EUR/USD traded with high volatility, as after surging up to the 1.1380 level it declined in a sudden sharp move.
After the previous jump, gold prices retraced downwards and revealed the borders of a short term ascending pattern.
The most notable fact noticeable on the USD/JPY charts is that the technical trend lines are holding.
The GBP/USD ends the week with all patterns broken and Theresa May making statements that contradict her actions.
On Friday, the EUR/USD traded near the previous day's levels. However, by the middle of the day's trading the pair had met with additional support levels.
After trading sideways on Wednesday, gold prices jumped back up to the levels just below the 1,230.00 mark.
After touching the 114.00 level the USD/JPY currency exchange rate began a retreat downwards.
The volatility on the GBP/USD is large. In the matter of a day the currency exchange rate easily bounced up and down by hundred base points.
The Euro jumped on Wednesday afternoon, crashing technical charts.
The price of Gold has plummeted down to levels below the 1,215.00 mark.
The surge of the USD/JPY continues, as it gains more and more.
After reaching a new low level on Tuesday, the GBP/USD recovered some of the losses on Wednesday.