The AUD/USD hiked from the weekly PP support at 0.776 level, closer to the Alligator (13,8,5) jaw line.
The EUR/JPY moved lower from the last levels but found a support at the Alligator (13,8,5) line and the 55– day SMA 4- hour cross.
Gold has finally managed to pierce through a tough support zone around 1,260 on Friday as the precious metal declined considerably on strong labour market data from the US.
Strong fundamentals helped the US Dollar to break out of the recent trading range, as it closed above 119.
GBP/USD failed to sustain a rally beyond the multi-month up-trend, erasing most of its Thursday's gains on Feb 6.
EUR/USD cross dropped notably on Friday as the pair remained strongly volatile for a fourth day in a row.
The EUR/JPY stayed eventually unchanged on Friday from the last day bullish close at 135.17.
The NZD/USD bearish traders dominated the market on Friday and received back their losses.
The AUD/USD was little volatile today and kept the price generally unchanged.
The USD/CAD pair backfired from the monthly PP at 1.237.
It seems that Gold is decreasing its trading range due to strong boundaries which are limiting moves of the bullion.
For the time being the weekly S1 at 117 acts as a reliable support, even though the downside risks prevail in the near term.
Neither the four-week down-trend at 1.52 nor the seven-month down-trend at 1.53 were able to halt the Cable.
Yesterday, EUR/USD cross strengthened by gaining the same value it lost back on Wednesday's.
The NZD/USD formed another doji candle pattern today, linking to the uncertainty among the market participants.
The US Dollar depreciated versus the Canadian today, cutting some of the previous gains.
The AUD/USD pair have not moved too far from the last day close.
The EUR/JPY rebounded from 132,63, a trend– line formed from 25 January.
XAU/USD decided to postpone the idea of penetrating a cluster of support levels around $1,260.
For now the trading this month is limited to the 117-118 price range, as neither bulls nor bears appear to have enough power to start a new trend.
As it turned out, GBP/USD did not stop at the one-month down-trend at 1.5180 as expected but continued to advance north.
On Wednesday, EUR/USD used to be one of major underperformers on the foreign exchange.
The EUR/JPY pair found the previous day close level at 135.00 hard to surpass and the market bears dominated today.
The US Dollar depreciated significantly versus the Australian counterpart after the brave hike to the weekly PP level at 0.783.