Pair is maintaining it's mildly bullish stance and seems t be aiming at major level at 1.1000.
Pair is trading almost exactly at weekly PP and seems to remain biasless.
Pair started the week at the weekly and monthly PP and was almost immediately pushed down.
At first the new up-trend support line triggered a rally in USD/CHF, forcing it to surge all the way to 0.8832/31.
While initially Friday seemed to be a positive day for the U.S. Dollar, in the end all the gains were erased, leaving one of the main supports exposed.
Despite a breach of the major obstacle in the face of the February high at 1.6822, GBP/USD is nonetheless failing to gain traction, even though there are no more significant resistances until 1.70.
Although for a brief moment it seemed that EUR/USD is going to fall beneath the 55-day SMA, in the end the currency pair proved to be buoyant.
Since the pair broke the weekly PP at 0.8587 on Wednesday it has stayed there; however, a further appreciation has not fallowed.
There have been little changes, after at the beginning of the week the pair slipped rather significantly and approached 1.0953.
This week the pair was little changed and mostly traded around the major level at 0.9250, excluding today's decline.
The pair prolonged its advance and appreciated towards the weekly R2 at 142.41 today.
USD/CHF is currently testing a newly formed rising support line, which may potentially push the price back to 0.8832/10.
The U.S. Dollar managed to quickly recuperate after a failure at 102.61/55.
The Cable ended yet another day in green after breaching the weekly R2 level.
For the past eight weeks EUR/USD has been refusing to leave the vicinity of the major down-trend line and has been constantly trying to breach it, but still to no avail.
NZD/USD is a bit more to the downside despite the appreciation in the past few days.
Pair continues to recover some of the losses that occurred few days back.
The pair continues to trade around 0.925 which is most likely caused by the resistance coming from the 0.9301/29.
Pair remains rather volatile and continues to trade around 142 JPY.
A sudden spark of bullish activity faded as soon as USD/CHF touched upon the major resistance at 0.8846.
As the resistance at 102.63/55 proved to be impenetrable for now, USD/JPY retreated back to 102.26/19, where it will look for the support to launch yet another attack on the 100-day SMA and monthly PP.
GBP/USD has finally accomplished one of its near-term goals, namely a breach of the February high.
Although it looked as if the support represented by the monthly PP has already been broken, EUR/USD found the strength to negate Tuesday's losses.
It seems that after yesterday's decline the pair received a bullish impetus at the weekly S3 at 1.0953.