The AUD/USD broke the weekly PP support at 0.819 and continued its way down, trading neat the 20– day SMA at 0.815.
The EUR/JPY respected Tuesdays' white candle and let the Euro to appreciate versus its counterpart.
On Monday, gold continued to be rather well supported by the long-term downtrend line which takes its beginning point in July 2014.
Although the resistance at 118 was seen as capable of preventing a rally, USD/JPY is currently eroding the resistance created by the 55-day SMA,
Having breached the monthly S3, the Cable keeps slowly grinding lower, and it may soon reach 1.50.
EUR/USD has finally added some value after major losses that took place during several consecutive days in a row.
The NZD/USD pair shot higher in earlier Monday sessions but lost 33 pip during the day.
The USD/CAD pair touched the weekly PP at 1.194 and rebounded a little from the level, up to the last Friday open.
Monday sessions showed mild trading moves of only about 50 pips of volatility.
The EUR/JPY started the new week by slipping lower from the last weeks' close at 136.076.
On Friday, XAU/USD cross surged noticeably for a second consecutive day in a row, as the price of metal added around $20 per ounce to approach monthly R2 and close the trading session at $1,280.
Though the US Dollar strengthened on Friday, the currency does not seem ready to push through the supply at 118, represented by the weekly pivot point and 55-day SMA.
GBP/USD has once again broken the farthest monthly support at 1.5145, implying the bias is to the downside.
A considerable plunge of the EUR/USD pair continued back on Friday.
The NZD/USD pair bears moved the market to the downside, below the 55– day SMA at 0.779 level.
The USD/CAD pair ticked 81 pips higher from the previous close, but slid back to trade near the weekly R2 at 1.198.
Friday trades pressured the AUD/USD lower from the previous day close at 0.822.
The EUR/JPY managed to mildly cover some previous losses by rebounding from the weekly S3 at 135.029.
The yesterday's unexpected action of the SNB to decrease a deposit rate further to -0.75% and give up the franc's cap drove Gold considerably to the north.
USD/JPY has reached an important level that, if violated, can lead to a sharp move south.
As it turned out, the Pound failed to extend the rally from the monthly S3 and instead negated most of the Wednesday's gains.
Following a decision of the Swiss National Bank to abandon the 1.20 limit of EUR/CHF, the EUR/USD pair crashed noticeably on Thursday to reach the lowest level in nine years.
The pair regained all the previous losses, letting the NZD to depreciate versus the US counterpart up to the 100– day SMA at 0.789 at the daily chart.
The bullish market participants are constantly trying to bring the USD/CAD pair lower.