On Thursday morning the US Dollar had returned to trade above the strong cluster of levels of significance that was located near the 110.20 mark.
EUR/USD falls in the morning closer to its one-year low at 1.1510 .
Strong bearish momentum prevails on Thursday morning.
On Wednesday morning the yellow metal had steadily extended its decline by booking a new low level.
On Wednesday morning, the USD/JPY currency exchange rate had remained in the trading range of the previous trading session.
The Euro is likely to find support at 1.1615 today.
The strong resistance cluster located near 1.3250 could trigger bearish momentum.
On Tuesday morning, the yellow metal's price had fallen down to trade close to the support line of a dominant pattern near the 1,255.00 mark.
On Tuesday morning the US Dollar had not managed to pass the support of the weekly S1 and a monthly pivot point.
The Pound has not left the 1.3315/1.3310 range for three sessions.
The Euro faces a strong resistance level which could reverse the pair back to the downside.
On Monday morning the metal continued to trade in the previous range.
On Monday morning the USD/JPY rate had paused the plummeting downwards that occurred after the currency exchange rate passed the long term ascending channel's support line.
On Monday morning the Pound traded near the support of the weekly pivot point at the 1.3230 mark against the Greenback.
The Euro has begun a surge against the US Dollar in the aftermath of a consolidation.
On Friday the yellow metal's price traded slightly higher. However it was still expected to decline in the longer term.
On Friday morning the USD/JPY currency exchange rate traded below a strong resistance cluster.
The pair trading sideways might point to a possible change in sentiment in this session.
The Euro is expected to make a bearish reversal near 1.1670 today.
The yellow metal has extended its gains on Thursday, as the bullion's price had reached the 1,260 mark.
A two day surge, which began on June 19, continued on Thursday, as the US Dollar reached higher against the Japanese Yen.
The Pound is expected to bounce off the channel line near 1.31 today.
A surge should follow if the 55- and 100-hour SMAs at 1.16 are breached.
Technical signals point to soon recovery of the GBP/USD exchange rate.