On Monday, the US Dollar lost more ground against the Japanese Yen.
On Monday, the GBP/USD currency exchange rate fluctuated near the 1.2750 mark. The reason for the almost horizontal trading was the support provided by a monthly pivot point at 1.2744
On Monday morning the common European currency booked a new low level, as the EUR/USD currency rate fell down to a support level at 1.1365.
The GBP/USD broke a significant long-term dominant descending channel during the morning hours of today's session.
Euro plunges due to ECB remarks on EU bank's exposure to the weak Turkish Lira.
On Friday morning the bullion managed to finally break free from the support of the hourly simple moving averages.
On Friday morning the USD/JPY currency pair traded near the 111.00 mark. Meanwhile,
On Thursday, the bullion's price continued to trade between the SMA's of the hourly chart.
Sterling continued it decline against the US Dollar.
On Thursday, the USD/JPY surged up to the 111.00 mark. Although, the currency exchange rate remained in the descending pattern that has guided the rate during August.
EUR/USD remained stable on Wednesday, as it was pressured from both sides by SMAs.
On Wednesday morning, it could be observed that the yellow metal's price traded between various SMA's in the zone between 1,211 and 1,217.
Due to the resistance provided by the various simple moving averages of the hourly chart, the dominant ascending channel pattern's lower trend line was broken on Wednesday.
The GBP/USD exchange rate remained stable on Wednesday, as it was pressured by the 55-hour SMA.
The common European currency is gradually gaining strength against the US Dollar as the pair reached the 1.1625 mark during the morning hours of Wednesday's session.
Gold halts near a one-year low of 1,208.00 for the second time.
USD/JPY fluctuates slightly above the senior channel for the second consecutive session.
The GBP/USD currency pair tested a support cluster formed by the combination of the weekly and the monthly PPs near the 1.2934 mark.
EUR/USD remained relatively calm during the morning hours of today's session.
XAU/USD was guided by a junior descending channel pattern.
The USD/JPY reveals new junior descending channel pattern on Monday.
The GBP/USD currency pair reaches two weeks low level.
Decline for the currency pair continues on Monday morning.
As expected, the bullion was pressured downwards in the last 24 hours,