Last Friday, the GBP/USD pair dropped further down for the fourth consecutive day.
During last day of the previous working week, EUR/USD resumed its bearish trend and lost more than 100 pips during the trading session.
The Kiwi behaved according to the forecast yesterday. The currency climbed up versus the Greenback and even tested resistance around 0.7445.
The US Dollar tumbled against its Canadian counterpart on Thursday due to poor US Retail Sales figures. USD/CAD managed to erase Wednesday's gains and edged down a little bit more.
The Aussie managed to erase the losses for the previous two days during Thursday. The AUD/USD pair gained 111 pips, amid worse-than-expected US Retail Sales data release.
A slight rebound in the Euro took place yesterday. The initial resistance level at 128.44 was easily pierced, while the second level around 129.75 was not even reached.
The longest streak of losses for Gold in 17 years was set on March 12, 2015.
The Greenback failed to meet expectations, as it slid yesterday after poor US retail sales data.
On Thursday, the Sterling sedged down versus the Buck. Although the GBP/USD pair failed to reach the 2013 low, half of the road has been already covered, as the Sterling ended the trading day at 1.4882.
On Thursday, the Euro rebounded versus the US Dollar as the pair returned above 1.06 round level.
The New Zealand Dollar climbed on Wednesday after the RBNZ Rate Statement. The trading day for the NZD/USD pair ended just over the monthly S1 at 0.7298.
The Greenback outperformed yesterday, as the closest resistance levels were not strong enough to stop the Buck from advancing. The US Dollar tested the weekly R2 before settling at 1.2748.
On Wednesday, the Australian Dollar declined against the US Dollar for the fifth consecutive day. The weekly S2 failed to provide sufficient support, thus the pair settled below 0.7592.
On Wednesday, EUR/JPY overshot the expectations, as it fell deeper than anticipated. The demand area at 128.44 was breached, and the pair ended the trading day at 128.08.
On Wednesday, Gold declined for an eight day in a row and traded near three-month lows.
Yesterday, USD/JPY edged higher once again after volatile trade between the monthly and weekly R1s.
GBP/USD slumped on Wednesday due to UK manufacturing data turning out worse than the expected figure.
Despite being initially capped by strong demand area around 1.0710 (monthly S3; weekly S1), EUR/USD's bears eventually managed to push the pair even more to the downside.
New Zealand Dollar slid for the fourth consecutive day on Tuesday, as weaker-than-expected US data were insufficient to turn the tide.
The US Dollar keeps appreciating against the Loonie, despite poor JOLTS Job Openings data. The currency settled at the daily maximum of 1.2687.
The Aussie plunged against the US Dollar for the fourth day. The support cluster created by the weekly and monthly S1s was easily pierced, and AUD/USD reached out to the weekly S2
The Euro started this week with a rally, but the weekly outlook remains bearish. EUR/JPY tested resistance at 131.84 yesterday and then declined 190 pips.
Despite registering a decline, Gold developed in a much more stable and less volatile environment during the trading session on Tuesday.
USD/JPY came into contact with last year's high yesterday and then expectedly retreated.