Kiwi-greenback has not yet gained pace after the yesterday's failure at 0.8404, but dip below 0.8265 is almost imminent.
Pair continues to appreciate after receiving a bullish impetus from 20-day SMA.
Pair continue to depreciate after a failure at November high/20 and 200-day SMAs at 0.9543 yesterday.
It seems that the pairs failure at weekly PP/20-day SMA yesterday has been concluded today when it hit weekly S2/monthly S1/October low at 131.28/130.90.
Yesterday USD/CHF has finally overcome the resistance at 0.9128/07 and is already testing another one at 0.9204/0.9192.
At first USD/JPY did in fact move north as expected, soaring as high at the monthly R1 at 99.36. Subsequently, however, it was heavily sold-off.
Unlike EUR/USD, this currency pair did not close a day with a stronger U.S. Dollar.
Lately we have been becoming increasingly concerned whether the pair will really end the bullish trend and start a long-term decline.
The price has just received a bullish impetus after re-testing the upper edge of the wide but nevertheless dense support area at 0.82.
In October USD/CAD bounced off the major bullish trend-line (it has been in force for more than a year already).
Overall it seems that AUD/USD is strongly bearish and in the long-term will target the August low at 0.8845, being that the currency pair has recently encountered a strong resistance area around 0.9713 (50% Fibo retracement of April-August sell-off).
The rising support trend-line the currency pair has been trading near this week predisposed to a rally, as it has been keeping the upward momentum intact since the mid-June.
Having difficulties with the resistance at 0.9128/12 this week the currency pair is failing to start a robust rally that would initially take USD/CHF up to 0.9204/0.9187 and then up to the 200-day SMA at 0.9320.
Right now the U.S. Dollar is well-positioned to venture north.
GBP/USD ignored the resistance at 1.6089/66 and continued to climb en route to the main resistance area at 1.6273/37, as indicated by the majority of weekly technical studies.
The volatility of EUR/USD before this week's major events stays decreased, but is likely to pick up during the remaining two days.
After being range bound for almost two weeks pair broke out, advanced above the 20-day SMA and at the moment is aiming at weekly R2 at 0.8404.
Pair did not manage to advance above the weekly R1 and returned to the vicinity of 10th of October peak at 1.0420.
Managed to overcome the resistance around 95 cents and at the moment is aiming at 20 and 200-day SMA.
It seems that the pair prematurely received a bullish impetus from the weekly S1/100-day SMA which sent the pair back above 133 JPY.
USD/CHF is still struggling at the supply zone that consists of the 55-day SMA and the June low, but is expected to overcome it eventually.
Yesterday USD/JPY slipped down to the 20-day SMA at 98.15, but did not close below the support at 98.46/33, the one that is formed by the three major moving averages, namely for 55, 100 and 200 days.
Despite the resistances that lay overhead, the Cable has managed to climb all the way up to the monthly pivot point at 1.6066.
For a third day EUR/USD is being traded between the 55-day SMA from above and the up-trend support line from below.