On Monday morning the USD/JPY rate was stuck below a strong resistance cluster. Moreover, it had no support, which indicated that the rate was set to decline..
On Monday morning the GBP/USD rate fought with the resistance of a weekly and a monthly pivot points.
On Monday morning the surge of the EUR/USD was stopped by the resistance of the 200-hour simple moving average.
On Friday, gold prices remained at the same level. Although, the price was struggling with a combined resistance level at the 1,180. mark.
The USD/JPY pair retreated on Friday. However, the pair remained in the range of the previous trading session.
During the first half of Friday's trading the GBP/USD pair continued to struggle with the resistance located at the 1.2740 mark.
On Friday morning the common European currency continued its slight recovery against the US Dollar.
Gold prices have booked a new low level. However, after the reaching of the low level the bullion began to regain some of the losses on Thursday.
On Thursday morning the USD/JPY currency exchange rate traded just below a strong resistance cluster, which was located at the 111.00 mark.
On Thursday morning, the Pound made a short lived attempt to surge against the US Dollar.
On Thursday morning the common European currency slightly recovered against the US Dollar.
The decline of the bullion has extended itself even more than expected.
On Wednesday morning, the USD/JPY managed to break the upper trend line of a dominant descending pattern.
On Wednesday, the GBP/USD continued to decline. Moreover, the currency rate was preparing to reach for the next support level at the 1.2660 mark.
By the middle of Wednesday's trading session the EUR/USD pair had encountered support at the 1.1325 mark. However,
On Tuesday, the yellow metal slightly recovered after reaching below the 1,195.00 level
On Tuesday the USD/JPY currency exchange rate made an attempt to pass the combined resistance of a dominant descending pattern and the 23.60% Fibonacci retracement level.
On Tuesday morning it could be seen that the GPB/USD pair is doing a rebound after finding support in a pivot point.
On Tuesday the common European currency traded against the US Dollar near the previous day's levels.
On Monday, the long ago set target of the 1,200.00 mark was almost reached.
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.