USD/CHF appreciates rapidly and has already reached the upper line of a down-side channel at 0.9285.
A breathing-space was very short in USD/JPY, as the pair continues to surge and even exhibits a fast pace of appreciation.
The Cable demonstrates its volatile nature, as the pair has lost 200 pips of its value during yesterday's trading session.
The major currency pair demonstrates a strong bearish momentum, as the price has decreased by 164 pips during yesterday's trading session.
NZD/USD failed to get a foothold above 0.8343 and retreated.
The price has managed to end the day beneath 0.9863 yesterday, but still hesitates to move any lower, as market participants require additional signals prior to shorting the pair.
AUD/USD continues to step higher and is rapidly approaching the declining trend-line at 1.0534/60, which in turn in followed by another resistance at 1.0599/1.0624.
EUR/JPY is slowly losing its pace of appreciation ahead of a confluence of resistance levels at 115.22/73.
USD/CHF appreciates for the third consecutive session after consolidation at a 0.9120 level.
USD/JPY takes breath just above a 87.00 benchmark, as the price closed at 87.35, the highest daily point, yesterday.
The Cable has experienced a very volatile session yesterday, as the price moved in a very wide range – more than 160 pips.
The first trading session yesterday has already demonstrated a misleading up-side spike, as the price has increased above a 1.3240 level.
NZD/USD retains bullish impetus it received after an encounter with a formidable support zone, consisting of 55 and 100-day SMAs, not to mention the bullish support line that has been preventing dips since June.
The rising support trend-line the market has been respecting since the beginning of autumn is under threat of being breached, as a strong rebound from 0.9934/36 has swiftly pierced through a number of supports.
The currency pair has notably changed its behaviour, which has become much more hectic.
EUR/JPY maintains its upward course and for now does not give strong reasons to believe this tendency is to end any time soon.
USD/CHF starts a new year with a sharp depreciation, as the price retests the lower boundary of the channel at 0.9105 commenced in September, 2012.
USD/JPY appreciates significantly quicker further, as the price passed the 87.00 benchmark today and attained a new peak at 87.32, the highest point since September, 2010.
The Cable sharply appreciated in the last two trading sessions, as the price broke a 16-month high and topped at 1.6380.
The major currency pair demonstrates bullish sentiment on the first day of a new year and has already breached a 1.3224/40 level.
It seems that pair gained momentum after receiving a bullish impetus from the weekly PP.
Pair demonstrating above average volatility, but is remaining rather stable between weekly and monthly PP.
Pair has been rather volatile today– it has been trading in 50 pip range.
Pair is coming it to the new year with low volatility and low trading volume, which leads to rather neutral outlook on the pair in the short term.