The British Pound continues to depreciate against the US Dollar for the second consecutive session.
As previously expected, the notable resistance of the 55-hour SMA and the monthly R3 circa 1.2436 stopped any attempts for the common European currency to strengthen against the Greenback within the last session.
The New Zealand Dollar continued to decline against the US Dollar since it touched the resistance level at 0.7440 on Wednesday at 22:00 GMT.
The decline continues for the US Dollar against other major currencies, the Canadian Dollar is no exception.
The Australian Dollar continues to be gaining strength against the US Dollar.
The common European currency lost strength against the Japanese Yen by the middle of Friday's trading session. The pair was pushed back to the south by the weekly PPs resistance at 136.33.
Gold remained stable against the Greenback on Friday, as the notable resistance of the 55-hour moving average and the monthly R2 limited the pair's appreciation above the 1,355.00 mark.
After rebounding from the lower boundary of a breached four-month channel down early on Friday, the US Dollar was guided by the 55-hour SMA until a strong hourly plunge around 1400GMT pushed the rate towards the bottom boundary of a six-week channel.
Similarly to other major currencies, the Pound retrieved from its recent highs against the US Dollar and edged lower on Friday.
Despite trying to accelerate against the US Dollar early on Friday, the common European currency failed to overcome the psychological 1.25 mark.
The New Zealand Dollar continued to lose strength against the US Dollar since it touched the resistance level at 0.7440 on Wednesday at 22:00 GMT.
The US Dollar continued to be volatile against major currency.
The AUD/USD pair continues to break all drawn patterns, by the end of Thursday's trading session, the pair breached the upwards aimed junior channel and dropped back to the dominant channe
The common European currency is slowly gaining ground against the Japanese Yen.
The first part of Thursday's trading session was relatively calm for Gold, as it was trading in a 1,365.00/1,353.00 range between the weekly R3 and the weekly and monthly R2s.
The US Dollar was confidently moving lower against the Yen on Thursday prior to being boosted by Trump's comments later in the session.
Despite strong signals of reversal, the Sterling managed to maintain its high position against the US Dollar on Thursday, as it was trading slightly below the 1.43 mark —its 1,5-year high—during most of the session.
Even though the losses of EUR/USD were limited solely to 11 pips on Thursday, the pair made two massive leaps throughout the day.
The decline of the US Dollar continued against the Canadian Dollar as expected.
By the end of Wednesday's trading session, the New Zealand Dollar had extended its gains against the US Dollar and reached a new high level. Namely, the 0.74 mark had been touched.
As expected, the Aussie continued its surge against the US dollar just as every other major currency.
The common European currency is slowly losing ground against the Japanese Yen.
Gold continues to appreciate against the US Dollar for the second consecutive session.
The bearish momentum that prevailed on Tuesday continued to dominate the market on the following day, as well.