On Monday, the USD/JPY continued the surge, which the currency exchange rate began on Friday.
GBP/USD began the week with a decline, which is set to continue.
The EUR/USD currency exchange rate fell down below the 1.16 mark at the end of last week, but began to recover on Monday.
On Friday the Pound was retreating against the US Dollar.
The EUR/USD currency exchange rate has broken the ascending pattern. The event was expected due to a couple of factors.
On Thursday, the yellow metal's price remained near the 1,200.00 mark, where it had retreated down after another attempt to surge.
The surge of the USD/JPY rate has continued, as it was expected.
The 58% of all of the GBP/USD positions on SWFX were bullish on Wednesday. Most likely all of these Dukascopy traders have massive gains.
On Thursday morning the EUR/USD pair was making attempts to find support near the 1.1690 mark.
After making another attempt to pass the resistance of the ascending pattern on the hourly chart, the yellow metal plummeted down to the 1,200 mark.
On Wednesday, the USD/JPY rate traded above the combined support of hourly simple moving averages near the 111.20 level.
After breaking various patterns on Tuesday, on Wednesday the GBP/USD pair retreated back down.
After booking a new high level against the US Dollar, the common European currency was retreating on Wednesday.
One high level after another, that is the move of the bullion since Friday.
The USD/JPY on Tuesday faced no resistance, as it had managed to find support in an SMA and a lower trend line of a channel up pattern.
The GBP/USD pair was breaking patterns on Tuesday, as the recently drawn junior pattern was broken.
On Tuesday the EUR/USD pair booked a new high level.
In the aftermath of central banking comments made by Jerome Powell on Friday, gold prices remained clearly above the 1,205.00 level on Monday.
The USD/JPY pair has touched the 111.50 mark before the currency pair retraced back down to the 111.00 level on Monday.
On Monday, the GBP/USD tested the support of a weekly pivot point, which managed to hold and support the Pound. The encounter ended in a surge of the Pound against the US Dollar.
On Monday, the EUR/USD was trading in the range between 1.16 and 16.50 levels.
The yellow metal is facing the combined resistance of the 55- and 100-hour SMAs at 1,192.00.
The US Dollar showed strengthened against the US Dollar on Thursday, being located at 111.50 early today.
The Pound shows some slight downside potential against the US Dollar in this session.