Following yesterday's outlook, the Cable's fate is to be determined today.
The common European currency scored about fifteen pips against the US Dollar on early Tuesday morning, which could almost be called as remaining flat.
The US Dollar traded higher by mid-Monday against the Canadian Dollar. However, the pair has met a strong resistance cluster, which is located below the 1.36 mark.
The Australian Dollar remained almost flat against the Greenback by mid-day on Monday. However, the currency exchange rate previously fell below the 11-month up-trend during Friday's trading session.
The New Zealand Dollar continued its way down against the Greenback on Monday, as the currency exchange rate reached the long term ascending channel pattern's lower trend line at 0.7076.
The common European currency surged against the Japanese Yen and traded above the 116.00 mark on Monday.
Несмотря на хорошие данные по инфляции в Германии, евро все равно продолжил снижаться против доллара США на торгах в пятницу, 11 ноября, так как вероятность повышения процентной ставки ФРС в декабре этого года привлекает все новых и новых покупателей американского доллара.
Following the inability for USD/JPY to make critical moves on Friday, the pair opened on a positive note,
GBP/USD entered Monday's trading session red, testing the weekly Pivot Point right under a daily cloud resistance.
The yellow metal continued to fall on early Monday morning, as the US Dollar continued to gain strength in the aftermath of the previous week's US presidential election outcome.
On early Monday morning the common European currency was in its sixth consecutive session of losses against the Greenback
On Thursday the New Zealand Dollar weakened against the US Dollar, but managed to find support at the second support cluster circa 0.72.
The USD/CAD pair successfully breached a trend-line on Thursday, which prevented by Buck from climbing significantly higher.
The Aussie experienced substantial volatility on Thursday, but ended the day with a slight decline, as the immediate demand area limited the losses.
On Thursday the Euro edged slightly higher against the Japanese Yen than expected, with trade closing at 116.40, rather than below 116.25.
The common European currency surged against the US Dollar on early Friday morning, as the currency exchange rate attempted to break the resistance put up by the Bexit low level at 1.0911.
The GBP/USD currency pair overperformed on Thursday, as it breached the 1.25 major level and established a new four-week high yesterday.
The Buck appreciated more than 100 pips against the Japanese Yen on Thursday, moving the opposite way of the expectations.
It seems that the markets have fully returned to the pre-election levels, as the yellow metal was in rebound after finding support in the 1,250 level, which is the 38.20% Fibonacci retracement of the metal's historical high and low levels.
As expected and forecasted the Kiwi fell on the Reserve Bank's of New Zealand announcement of an interest rate cut.
The US Dollar continued to climb against the Canadian Dollar by mid-day on Thursday, as the currency exchange rate broke once more past the weekly R1 at 1.3463.
The Australian Dollar experienced a sharp decline against the American Dollar on Wednesday, falling back under the 0.77 mark.
The EUR/JPY currency pair managed to stabilise above the main support area yesterday, with trade closing with a 68-pip loss yesterday.
On early Thursday morning the yellow metal's price headed higher, as the bullion reached the 1,288 level.