As expected, USD/JPY confirmed the support at 118.
The Euro keeps dragging the Sterling lower, which has fallen through the weekly S1 and to the S2 level.
EUR/USD pair plummeted on Thursday, as the ECB unveiled a plan to buy 60 billion of securities monthly until September 2016, including government bonds.
The NZD/USD fluctuated 71 pips but closed mainly at the same level where the last daily close is, the 0.755, respectively.
The USD/CAD was little changed on Thursday as the market lost some portion of participants.
The AUD/USD declined first before breaking through the weekly S1 at 0.809.
The EUR/JPY tumbled about 200 pips lower from the previous day close and 136.983, forming a daily low at 134.541.
It seems that at the moment the yellow metal is remaining under a strong support from the monthly R2 and 61.8% Fibonacci retracement around $1,285.
A combination of the weekly PP and 23.6% Fibo managed to stop a sell-off.
Though the fundamental background was negative for the Pound, the currency did not wander away from the resistance at 1.5160/45 (weekly PP and monthly S3).
Since previous Friday, the EUR/USD pair has been hovering inside the narrow 50-pip range between two levels, namely 1.1550 and 1.16.
The NZD/USD tumbled even further, letting the NZD to depreciate versus its counterpart for about 73 pips.
The USD/CAD pair hiked another 200 pip higher from the previous close at 1.211.
The AUD/USD rebounded from the previous day close at 0.817 and met the Bollinger band at 0.824.
The EUR/JPY struggled to surpass the weekly PP at 137.229 and slid lower, close to the October 2014 low at 135.586.
As it was expected, XAU/USD's bulls managed to accumulate enough momentum in order to gain significant value during trading on Tuesday.
Though USD/JPY managed to settle above 118 yesterday, at the moment the currency pair is under strong selling pressure after a test of the monthly pivot point at 119.
GBP/USD quickly erased Monday's losses as soon as it touched upon the weekly S1 at 1.5050.
For a fourth day in a row the EUR/USD pair is swinging between gains and losses, waiting for some impetus to come and push the cross in some direction.
The NZD/USD pair dived 100 pips lover during the day.
The USD/CAD pair surpassed the major resistance levels, breaking even the weekly R1 at 1.208 for a moment.
The AUD/USD broke the weekly PP support at 0.819 and continued its way down, trading neat the 20– day SMA at 0.815.
The EUR/JPY respected Tuesdays' white candle and let the Euro to appreciate versus its counterpart.
On Monday, gold continued to be rather well supported by the long-term downtrend line which takes its beginning point in July 2014.