Today the U.S. currency depreciated below June high, after reaching the weekly R1 at 1.0980 earlier.
The Aussie has reversed almost all of its yesterday's losses relative to the Greenback and it is trading below the weekly PP at 0.9335.
The Euro has fallen below the major level at 137, after trading above it since 30th of July.
The U.S. Dollar has launched yet another attack on 0.9099, which has been lately keeping USD/CHF from advancing further.
USD/JPY remains unable to decouple from the 200-day SMA, which is not caving in to the selling pressure but at the same time is failing to ignite a rally.
GBP/USD continues to recover—it has already reached the weekly PP at 1.6879.
As expected, none of the nearest supports were able to underpin the price, which gave up 50 pips more.
The pair fell below the 0.85 mark; although, the weekly S1 at 0.8461 has stopped the decline for now.
The U.S. Dollar added more than 30 pips relative to the Loonie today and it is hovering around June's high at 1.0961.
The Aussie has lost all of the yesterday's gains and is trading around the major level at 0.9335 at the moment of writing.
This pair still lacks volatility as for the last five trading days it has fluctuated in the range between the weekly and monthly PPs at 137.49/76.
As it turned out, USD/CHF did not have to slide down to 0.90 in order to terminate the correction that was started last week.
The support provided by the 200-day SMA and weekly PP proved to be weaker than initially expected, as the upward momentum is not gaining traction.
After an almost non-stop descent from 1.72 GBP/USD has finally formed a noticeable green candle.
Trading was quiet yesterday, as the weekly pivot point kept EUR/USD afloat.
The pair's bulls have managed to halt the down-trend that started at the first part of July and at the moment the pair is trading above the 0.85 mark.
USD/CAD has started the week slowly as the pair is trading above the 200-day SMA at 1.0912.
After last week, when the pair fell beneath the major level at 0.94, it is hovering above the 0.93 mark.
EUR/JPY currency pair is little changed as it trades slightly below the monthly PP at 137.75.
The pair retreated some 30 pips after an impressive bullish run from Jul 15, but managed to stabilise before falling down to 0.90.
USD/JPY took a severe blow from the resistance around 103 at the end of the last week, but the Buck should be underpinned by the demand at 102.49/46 (weekly PP and 200-day SMA).
The Greenback underperformed relative to most of its main counterparts last Friday, but it nonetheless managed to gain more ground against the Sterling
Although the U.S. Dollar weakened because of the Friday's data, none of the significant resistances have been broken, meaning the downward trend is likely persist nonetheless.
The Kiwi remains weak relative to the U.S. Dollar as it continued its down-trend that started on the first part of July.