On Tuesday, Gold prices had passed the resistance of the 55-hour simple moving average.
Prior to the US elections the USD/JPY declined.
The 55-hour simple moving average has been pushing the GBP/USD higher and higher each consecutive day.
The rate did not decline on Monday, as it was expected.
Gold prices on Monday remained near the 1,230.00 level.
The USD/JPY currency rate is continuing a surge in the borders of an ascending pattern. It faces no resistance as high as the 113.80 level.
The GBP/USD has started the week's trading with a gap upwards.
On Monday, the EUR/USD traded near various technical levels of significance near the 1.1380 mark.
The yellow metal's price has remained largely unchanged in the last twenty four hours.
On Friday, prior to the US Employment data set announcement the USD/JPY traded near the 113.00 level
On Friday, GBP/USD traded above the 1.30 mark after the massive gains of Thursday.
The surge of the EUR/USD continued on Friday, as the metal was approaching resistance levels, which were located near the 1.1460 mark.
Before reaching the 1,210.00 mark, gold prices began a surge, which on Thursday had reached above the 1,230.00 level.
USD/JPY has retraced back down to the 112.70 mark, where a weekly pivot point and the 61.80% Fibonacci retracement level stopped the decline.
On Thursday the long awaited surge of the GBP/USD occurred.
On Thursday the EUR/USD bounced off the support levels near 1.1310.
The yellow metal on Wednesday was continuing its decline down to the 1,210.00 mark.
USD/JPY continues to surge on Wednesday. Moreover, the next resistance was only located at the 113.56, indicating that the surge will continue.
The GBP/USD reached and even passed the previously set target of 1.2710.
After confirming the 1.1360 level as resistance, the EUR/USD declined and reached a new low level on Wednesday.
The metal's price has fallen down tot eh 1,220.00 level.
The pair has made an unexpected turn, as the US Dollar is gaining against all other currencies.
The decline of the Pound continues, as the 1.2710 level was targeted next.
The EUR/USD has been beaten down by the combination of the 55 and 100-day simple moving averages.