On Wednesday, constant attempts to pass the 109.00 level continued and failed.
A larger pattern has been spotted on the GBP/USD charts.
After finding support in the 1.1425 level the EUR/USD has once more reached up t the 1.1480 mark on Wednesday.
On Tuesday morning the yellow metal found support in the 200-hour simple moving average at the 1,282.00 level.
On Tuesday the pair bounced off the resistance provided by the 109.00 mark.
The 1.2800 mark has been reached, as it was forecast previously.
During the last trading session the EUR/USD has retreated in the borders of an ascending pattern.
The yellow metal on Monday traded above the 1,290.00 level, where it was supported by a Fibonacci retracement level.
The USD/JPY is trading sideways and about to be squeezed in on the hourly candle stick chart.
The GBP/USD pair's surge on Monday was expected to reach the 1.2800 level
On Monday the EUR/USD traded just below the 1.1450 level.
On Wednesday, the yellow metal touched the 1,290.00 level.
The biggest surprise about the USD/JPY is that the descending pattern used as a guide before the holiday season was still actively guiding the pair.
The first daily review of the GBP/USD of the year has already managed to forecast the decline of the rate.
The first full review of the EUR/USD situation of 2019 is set to outline the situation.
The yellow metal has reached above the long targeted 1,260.00 level, which was broken, as the metal reached above 1,265.00 level.
After touching the 111.80 level the USD/JPY began a surge, which revealed two additional patterns on the currency exchange rate's charts.
Dukascopy Analytics will be off for the next week. Although, we leave for the week for our readers a medium term guide.
On Friday, the EUR/USD was charted in an ascending channel pattern.
Initially, as the US hiked their interest rates on the USD, gold prices dropped dwon to the 1,242.00 level.
The decline of the USD/JPY is taking place because of the US Federal Reserve.
By the middle of the day the GBP/USD was surging due to USD weakness caused by the Federal Reserve.
By the time of creation of this analysis the EUR/USD had jumped on Thursday morning and reached above resistance levels at the 1.1480 mark.
The yellow metal remains in the borders of an ascending pattern.