With turmoil around Italy quickly faded, the EUR/JPY cross successfully surged on Monday, managing to climb over the June 23 high, thus, establishing a new seven-month high.
AUD/JPY began its dive in 2014, leaving resistance at 101.14 to lose around 30% in general, and set the current ground at 75.29. The pair entered a ranging market mid-2016 and established an uptrend, which led to a break above the top boundary of the channel that contained the motion south. While it is quite evident that technical aspects show
Gold made several patterns give in to the three-week senior one, setting a ground at 1169.10 on Monday.
The US Dollar was unable to post significant gains against the Yen on Monday, as the 23.60% Fibo once again provided strong resistance and kept the pair below 114.00.
Even though the British currency successfully strengthened against the American Dollar yesterday, it still failed to maintain trade at a fresh two-month high, having closed at 1.2735.
Following a volatile session on Monday, EUR/USD took on where it had left off Tuesday morning, posting a red candle outside of the hourly channel at 1.0730.
The American Dollar continued to decline against the Loonie at the end of the previous week, almost completely ignoring the immediate support cluster around the 1.33 mark.
There were no surprises in the AUD/USD pair's performance on Friday, as the commodity currency did outperform the US counterpart, but failed to erase the sharp Wednesday's slump.
Even though the New Zealand Dollar successfully ended the previous week higher, most of those gains risk being completely erased today.
Friday ended with the Euro experiencing a small decline against the Japanese Yen, as the resistance cluster just above the 122.00 mark proved to be impenetrable at that moment.
Gold respected the upper bound of the month-long hourly channel with a red candle, after it opened above the short-term channel trend-line at 1,181.73.
The USD/JPY pair was unable to post anymore gains at the end of the previous week, once again crossing the 114.00 threshold to the downside.
Relatively disappointing US employment figures on Friday allowed the British Pound to add more than 140 pips against the Greenback, causing the Cable to climb over the 1.27 major level.
EUR/USD opened Monday's session with a 0.3% gap from the Friday close, and went on to show a red candle in the making.
The New Zealand Dollar remained unchanged against the US Dollar by mid-day on Friday, as the currency exchange rate attempted to break the resistance of the weekly R1 at 0.7097.
The US Dollar continued to move lower against the Canadian Dollar on Friday, as the currency exchange rate suffered major losses the previous session.
Thursday ended with the Australian Dollar experiencing a small recovery against the US counterpart, also managing to climb back over the weekly pivot point.
As was expected, the Euro experienced some issues on Thursday and, as a result, was unable to retake the 122.00 level.
The yellow metal's price had slightly surged on Friday morning, as the bullion had touched the 1,177.62 mark.
As was anticipated, the USD/JPY currency pair underwent a small corrective decline, but remained in a tight range between the immediate support and resistance levels.
The Sterling experienced a strong boost from news that UK might retain access to the European market despite ‘Brexit', allowing the 1.27 level to be reached on Thursday.
The common European currency surged against the Greenback on Friday morning, as it was on its way to the resistance put up by the January low level at 1.0709.
The New Zealand Dollar traded below the 0.71 mark against the US Dollar on mid-day during Thursday's trading session.
The US Dollar depreciated against the Canadian Dollar by mid-day on Thursday, as the currency exchange rate reached below the 1.34 level during the first half of the day's trading session.