The decline of the EUR/USD found support in the 1.1080 level and began a surge. The surge was stopped on Tuesday by the resistance of the 55-hour simple moving average and the psychological resistance of the 1.1100 level.
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On Friday, gold's price broke off the hourly simple moving averages. On Monday, there was a surge that started when the rate bounced off the support of the 200-hour SMA.
On Friday, the USD/JPY retraced down to the support of the 55-hour simple moving average and the 110.00 mark. On Monday, the pair was still supported by the SMA. In the meantime, it faced the resistance of the 110.20 level.
The GBP/USD has passed the support of the 55, 100 and 200-hour simple moving averages. By the middle of Monday's trading session, the rate was headed to the support of a weekly and monthly pivot points just below the 1.2940 mark.
The EUR/USD plummeted on Friday from the simple moving averages near 1.1130 to the 1.1090 level. On Monday, the currency exchange rate reached below the 1.1090 level.
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