EUR/JPY was moved by the data from China. As GDP figures were disappointing, investors were encouraged to purchase haven currencies, such as the Japanese Yen.
Data from China created negative sentiments in the market and traders became more risk averse, meaning that the major currency pair continues to decrease from a previous week high at 1.3138.
The beginning of a week is negative for riskier currencies.
USD/JPY is affected by reduced risk appetite in the market, as traders are more keen to purchase safer assets, such as the Japanese Yen.
USD/CHF recovers bullish sentiments, as the price appreciates from the monthly S2 level at 0.9257.
In the last trading session of the current week the kiwi also experiences bearish sentiments and executes a counter-move for a recent weeks' upside trend.
USD/CAD is behaving similarly to other pairs and follows an opposite direction compared to previous days' performance.
The Aussie is finally unable to carry on bullish sentiments further, as the price decreases from the weekly R2 at 1.0548 today.
EUR/JPY pair fails to proceed an up-side movement, as today the price reverses and demonstrates bearish sentiments.
USD/JPY continues to consolidate, being unable to leave the vicinity of the monthly R2 at 98.73 that constantly pulls the price back after the surges.
While daily technical started to give a positive outlook, weekly bearish signals became even stronger.
Despite the presence of formidable resistance levels and signals of technical indicators, EUR/USD remains on a bullish path, as it has confidently pared the recent losses.
Yesterday USD/CHF fetched 0.9278, but still did not close beneath the 100-day SMA that holds for now.
The loonie dropped precipitously today, the price slipped through the weekly S1 level at 1.0104 and effortlessly penetrated the Bollinger band at 1.0099.
NZD/USD is traded positively together with another Oceania's currency.
The Australian Dollar's price moves upward at an accelerated pace—in the pair against the U.S. Dollar it appreciates for a fourth straight trading session.
EUR/JPY appreciates further and moves along the Bollinger band, setting a seventh straight gain.
The major currency pair fluctuates between the 55-day SMA at 1.3070 and the monthly R1 level at 1.3043.
USD/CHF is traded without any concrete direction, as the pair fluctuates beneath the 200-day SMA at 0.9335 in a narrow range.
USD/JPY continues to perform positively, as the pair peaked at 99.87 yesterday, making the highest point since April, 2009.
The British Pound gradually appreciates, but a change is just fractional.
It seems that pair has picked quite a momentum and at the moment is trading at/slightly above the Bollinger band.
Kiwi is appreciating further and at the moment is testing 0.854 which is the last obstacle before testing 0.86.
After a few rather volatile days pair has calmed down and is trading in 30 pips range and at the moment is being depressed by weekly pivot (PP), 20 and 55-day SMAs.