The GBP/USD cross is strongly supported by the 55, 100 and 200-period SMAs around the 1.57 level.
EUR/USD is still trading in a narrow range, which is partly explained by the long-term triangle pattern.
At the moment, the Kiwi seems like it has received a bullishness; however, the pair most likely will not surpass the 55-day SMA at 0.7890.
USD/CAD formed an attack towards this year's high at the beginning of today's trading session; however, unsuccessfully, that leading to the pair's decline below the 1.14 level.
The Australian Dollar opened below last week's closing price, as the negative bias continue to dominate the pair.
EUR/JPY is trading closer to the major level at 148, after relatively calm last week; moreover, the common currency is underpinned above the 147 mark.
The bullion for immediate delivery dropped 2.1% to $1,142.88 an ounce in the end of the trading session on Friday, reaching the lowest level since November 7, when it fetched four-year low of $1,132.16.
USD/JPY seems supported above the 118 level, as the weekly PP and 55, 100 and 200-period SMAs are located just above the mark.
After posting the first weekly gains in more than a month, the Pound seems unlikely to hold its bullishness.
EUR/USD dropped in its value on Friday of the last week. The pair consolidated further below the 1.25 mark and reaches the weekly pivot point at 1.2447.
Frankly, the pair did not make any major move through the week, while the biggest decline was on Tuesday when the pair dropped below the weekly S1 at 0.7805.
The long awaited bullish impetus has been received and that pushed the pair towards the 1.14 mark through yesterday and today.
The pair continues to trade in bearish manner, the Aussie has lost more than 150 pips of its value against its US counterpart.
The Europe's shared currency has found some bullish impetus and now it is moving towards the 148 level and most likely a weekly gain, after trading flat for three straight days.
USD/CHF bounced from the major level at 0.96 and inched higher on Thursday, but it is still capped by a resistance at 0.9645, represented by weekly pivot point.
After a short-term recovery of the Japanese yen, this currency fell again, as the USD/JPY currency pair returned back to hover above the 2007 Oct high around 118.
It seems that a resistance area, represented by monthly S1 and weekly R2 around 1.5810 was strong enough to push the Cable to the south on Thursday.
The EUR/USD went down to the levels seen on Tuesday of this week, as the weekly R1 at 1.2532 was able to push the shared currency to the downside.
Similarly to other currency pair's NZD/USD has not fluctuated much today, mainly due to the tranquil volatility, which reached the lowest level in a month.
It seems that the pair is still preparing the ground for the breakthrough and it still is trading around the lower boundary of the pattern that formed on July.
After yesterday's dip to the lowest level (0.8481) this year this far, AUD/USD rebounded mildly and now is attacking the weekly S1 at 0.8562.
The weekly PP at 146.65 has proved to be stronger then initially anticipated as the pair has been supported by the level for third consecutive day.
After a decline below the weekly pivot point at 0.9645, the USD/CHF pair made an attempt to return back above this resistance level.
It seems that the USD/JPY currency pair decided to start moving away from the 118 major level, around which it hovered for past five days.