The precious metal failed to sustain the rally on Wednesday, as the price declined for the first time in five working days.
The USD/JPY currency pair managed to rebound on Wednesday, as market sentiment slightly improved, although the resistance cluster around 121.00 was not reached.
The Cable maintained trade in the tight range between the Bollinger band and 200-day SMA, remaining relatively unchanged over the day.
EUR/USD was pushed to the downside during the trading session on Wednesday as the pair erased all gains from the previous day.
Пара USD/RUB открыла торговую сессию среды немногим ниже психологически важной отметки в 67 рублей за доллар, благодаря дешевеющей нефти и ожиданиям по поводу запасов черного золота в США.
The Kiwi tested the resistance cluster around 0.6380, represented by the weekly and monthly PPs yesterday, which caused the NZD/USD to extend its decline.
The tough support cluster around 1.3150 caused the USD/CAD to regain its bullish momentum and even negate Monday's losses, as the weekly PP was unable to hold the rally immediately.
The EUR/JPY cross brought no surprises on Tuesday, as a decline towards the lower Bollinger band took place.
The Aussie slumped more than anticipated yesterday, as the immediate support was pierced and the AUD/USD currency pair even reached the 0.70 major level.
Gold attempted to advance higher on Tuesday, but any gains were capped by the weekly pivot point at 1,140.
The US Dollar suffered more losses on Tuesday, amid weaker-than-expected fundamental data from both the US and China.
The Sterling fell to the lowest in in two months on Tuesday, as weak UK PMI data put pressure along with the plunging equity markets around the world.
EUR/USD advanced for a third working day in a row on Tuesday, but the cross failed to overcome the nearest resistance at 1.1295 (23.6% Fibo) and close above the 1.13 round level.
The New Zealand Dollar declined against the Buck, but more than anticipated, amid poor business confidence figures yesterday.
Although the USD/CAD reached the second resistance area around 1.3345, the tide was quickly turned by a rebound in oil prices, boosting the Loonie.
As anticipated, the weekly PP prevented the Aussie from appreciating against its US counterpart for yesterday, which resulted in a plunge to 0.7110.
The Euro remained relatively unchanged against the Japanese Yen yesterday, declining only five pips.
Despite attempts to move back below the 2014 low, the precious metal managed to hold above this important support and closed the trading session at 1,132.
The USD/JPY currency pair brought no surprises on Monday, as trade maintained within the borders of the 200-day SMA and monthly S1.
The Cable failed to remain above the 1.54 major level, as the monthly S1 was unable to hold the losses.
Neither bulls nor bears managed to take control over the EUR/USD currency pair yesterday, as it was largely unchanged on a daily basis.
The Euro experienced some volatility on Friday, ultimately dropping 26 pips against the Yen.
After reaching Thursday's open price, the AUD/USD bounced back significantly, limited the losses.
Upon reaching the immediate resistance near the major level of 1.33, the USD/CAD bounced back and, as a result, stabilised at the 1.32 mark.