The Aussie's down-trend has been halted by the support at 0.82; however, a similar occurrence was witnessed around the 0.83 level; therefore, it does not especially mean that the retreat has ended.
The 18-nation currency has prolonged its decline today, it fell to as low as the major level at 145; although, it managed to recover above the monthly PP at 145.76.
On Monday, Gold declined significantly and even breached the important support at $1,205.
USD/JPY has extended its correction to 117 level and shortly the pair will face the weekly S1 and monthly PP at 116.91/75 that could halt the decline.
The GBP/USD cross has failed to surpass the monthly PP at 1.5755 repeatedly and that has dragged the pair below the weekly PP that is located at 1.5672.
EUR/USD cross was pretty much unchanged during the first day of the new week, even though it managed to rise above the significant resistance line, represented by the monthly pivot point at 1.2468.
NZD/USD has lost its bullishness, after nearing the 0.79 level on Wednesday, as it dropped below the weekly PP at 0.7754 today.
The US Dollar continue its dominance against its Canadian counterpart. Today the pair has reached the bullish channel's upper trend-line and also the strongest level this year around the 1.16 mark.
The Aussie cannot find a reliable and strong enough support to stop the selling of the pair, as of today the pair fell to a new low this year at 0.8205.
After falling below the major level at 147, the EUR/JPY received a bullish impetus that let the pair to test the weekly PP at 148.12.
The price of Gold changed only marginally on Friday, as the bullion decreased to trade around $1,220 per ounce.
For the recent days the pair has been fluctuating around the 118/119 levels and seems well-supported by the 118 level.
The pair seems to have entered a period of consolidation; although, the question where it is going to move in the future remains wide open.
EUR/USD currency pair appreciated during the last trading day of the previous week, as it approached a considerable resistance line, represented by the monthly pivot point at 1.2468.
After the disappointing end of the last week and the beginning of this week, we saw the pair jumping in value on Wednesday, as it added almost 150 pips.
This once again has been a great week for the USD/CAD bulls, as the pair continue to appreciate.
The Australian currency continues to demonstrate its weakness against almost all currencies and US Dollar, of course, is not an exception.
EUR/JPY has declined and most likely will end the week with losses, as the pair has slipped below the weekly S1 and 20-day SMA at 147.73/44.
The most traded currency pair made a slight correction to the downside after a three-day long bullish move.
The Greenback has managed to reverse some of the recent losses that it faced against the Japanese Yen
The bullion was only little changed in price during the trading session back on Thursday of this week.
The GBP/USD cross has left the boundaries of a long-term downtrend
The Kiwi has jumped, after a informational shock together with the monthly S1 at 0.7687 pushed the pair above the 0.78 level.
The pair is challenging the weekly and monthly R1s at 1.1506/27 that has not been touched before, simultaneously the pair has reached a new high at 1.1538.