The immediate support area failed to prevent the AUD/USD currency pair from falling below 0.76.
As was expected, the EUR/JPY cross remained relatively unchanged on Thursday, unable to climb over 116.00.
The yellow metal continued its way down on Thursday, as if there are no support levels, which could affect it.
The US Dollar outperformed the Japanese Yen for the eight consecutive time yesterday, successfully breaching the tough resistance area in front of the 104.00 major level.
The Cable failed to remain above the 1.27 level yesterday, having slumped to 1.26, finding support only at the monthly S2.
The common European currency continued to depreciate against the US Dollar on Friday, as the currency exchange rate almost reached the 1.11 mark on early morning.
The Kiwi marked its fourth consecutive session of depreciation against the US Dollar, as the currency exchange rate reached below the 0.7150 level by mid-Thursday.
The Greenback was amidst a surge against the Loonie by mid-Thursday, as the pair found support during the previous trading session.
Wednesday ended with the AUD/USD currency pair remaining relatively flat, as poor ADP data helped the Aussie erase all intraday losses.
The European single currency posted solid gains against the Yen on Wednesday, climbing 68 pips higher.
While a five-year channel has been restricting the movements of EUR/AUD, it might be time for a bearish breakout, as suggested by the two descending triangle patterns as well as a rising wedge on the hourly chart. Read more on the previous developments and long-term EUR/AUD trends hereMonthly ChartConsidering our expectation of an almost immediate reversal, we look at the
Despite poor ADP data on Wednesday, the US Dollar still managed to outperform the Japanese Yen, with the immediate resistance cluster limiting the gains.
A rather weak reading of ADP data yesterday caused the GBP/USD currency pair to erase all intraday losses and even inch slightly higher.
The yellow metal continued to lose value on Thursday morning, as the metal had moved to the 1,365 level.
The common European currency had remained almost unchanged against the US Dollar on Thursday morning, as the currency pair was at 1.12 on early morning.
The Kiwi depreciated for the third consecutive session against the Greenback by mid-Wednesday.
The US Dollar continued to surge against the Canadian Dollar on Wednesday, as the currency exchange rate moved to trade above the 1.32 mark.
Unexpected hawkish news from Fed officials caused the AUD/USD currency pair to erased most of gains, acquired during the last two weeks.
On Tuesday the Euro soared against the Japanese Yen, reaching the three-month down-trend.
The yellow metal edged higher on Wednesday morning and reached a resistance cluster located around the level of 1,275.
Some hawkish comments from the Fed caused the Greenback to add more than 120 pips against the Yen yesterday, nearly managing to retake the 103.00 mark.
For the second day yesterday the British currency weakened significantly more than anticipated, completely breaching the post-Brexit consolidation trend, as even the support cluster around the July low of 1.2798 was unable to limit the losses.
The Euro surged on Wednesday morning against the Greenback, as the currency exchange rate erased the losses of previous sessions and attempted to break the resistance cluster, which pressured it lower before.
The New Zealand Dollar was almost flat by midday on Tuesday against the US Dollar, as the currency exchange rate kept trading in a limbo around the weekly pivot point, which is located at 0.7282.