The Australian Dollar continues to depreciate against the US Dollar. By the end of Monday's trading session, the pair formed a new low at 0.7836.
The common European currency showed some miraculous decline against the Japanese Yen during Monday's trading session.
After testing the bottom boundary of a two-month ascending channel late on Friday, Gold accelerated against the US Dollar, thus dashing through several important resistance areas, including the weekly PP and the 55– and 100-hour SMAs.
The US Dollar remained stable against the Yen on Monday until strong bearish momentum mid-session took over the market.
Bears have dominated GBP/USD for the second consecutive session.
Contrary to expectations, the common European currency was dominated by bearish market on Monday.
The New Zealand Dollar has been depreciating in a channel down against the US Dollar since it reached the high at 0.7438 on January 24. The pair had broken all previously drawn pattern during the past week's trading sessions.
After a long period of decline, the US Dollar has started gaining ground against its Canadian counterpart.
As expected, the bearish momentum continued to dominate the AUD/USD pair. However, by the middle of Monday's session, the pair made some correctional movement north.
The previously described scenario on Friday, February 2, did not come into reality. Although there was a breakout from the junior channel, as analyzed, but to the opposite direction.
Contrary to expectations, the yellow metal was driven by bearish momentum on Friday.
The US Dollar managed to continue its strong upside movement during the first part of Friday's trading session.
Similarly to other major currencies which are trading against the US Dollar, downside risks were driving the Pound during the previous session.
EUR/USD lacked volatility on Friday morning, as it remained located relatively close to the 1.25 mark.
The Kiwi continues to decline against the US Dollar, the pair has already lost more than 70 points by the end of the European trading session.
As expected, the bearish momentum continues to dominate the USD/CAD pair. However, bulls managed to gain some points by the middle of Friday's trading session.
The Aussie has been trading with increased volatility against the US Dollar since the last time it was reviewed by the Dukascopy research team.
The common European currency continued it surge against the Japanese Yen.
Gold spent most of Thursday's trading session below the 1,345.50 mark, as its further appreciation was restricted by the 200-hour SMA.
The Greenback remained stable against the Yen on Thursday, as it failed to overcome the constraints of the 200-hour SMA and a seven-day resistance at 109.69.
The British Sterling was driven by upside risks on Thursday, thus being able to appreciate 75 pips against the US Dollar.
Thursday's session was market by strong upside momentum that allowed the common European currency to appreciate 96 pips against the Greenback.
Following a long period of surge during the previous trading session, bears has managed to take over the movement.
After reaching a new low at 1.2254, the US Dollar to managed to regain some of its lost points against the Canadian Dollar by the end of Wednesday's trading session.