The EUR/USD pair has surged to the upper trend line of a dominant descending channel pattern near the 1.14 mark.
Gold continues to surge in an ascending pattern. However, it has encountered the resistance of the pattern and is set to consolidate its gains.
On Monday, the USD/JPY surged up and broke last resistance levels on the daily chart before the 114.00 mark.
On Monday, the GBP/USD plummeted like a rock. It passed all support levels and plummeted down to almost reach the 1.2700 level.
On Monday morning the EUR/USD traded with high volatility, as after surging up to the 1.1380 level it declined in a sudden sharp move.
After the previous jump, gold prices retraced downwards and revealed the borders of a short term ascending pattern.
The most notable fact noticeable on the USD/JPY charts is that the technical trend lines are holding.
The GBP/USD ends the week with all patterns broken and Theresa May making statements that contradict her actions.
On Friday, the EUR/USD traded near the previous day's levels. However, by the middle of the day's trading the pair had met with additional support levels.
After trading sideways on Wednesday, gold prices jumped back up to the levels just below the 1,230.00 mark.
After touching the 114.00 level the USD/JPY currency exchange rate began a retreat downwards.
The volatility on the GBP/USD is large. In the matter of a day the currency exchange rate easily bounced up and down by hundred base points.
The Euro jumped on Wednesday afternoon, crashing technical charts.
The price of Gold has plummeted down to levels below the 1,215.00 mark.
The surge of the USD/JPY continues, as it gains more and more.
After reaching a new low level on Tuesday, the GBP/USD recovered some of the losses on Wednesday.
The EUR/USD has passed downwards, as expected. During the decline the rate had traded almost sideways near the weekly S1 at 1.1290 and the 1.1300 mark before eventually reaching the low level of 1.1270.
Gold has declined in the borders of the previously discovered pattern as expected.
The rate has managed to pass the 113.40 region, where previously it was stopped by a weekly pivot point.
The pair has broken the support line of a medium scale pattern. The event occurred due to the additional technical resistance of the 55 and 200-hour simple moving averages.
The EUR/USD has bounced off the resistance of 1.1380 level and fulfilled the forecast of declining down to the levels near 1.1300.
Main new information about gold is that it has revealed a medium scale descending pattern.
The recovery of the USD/JPY currency exchange rate has been stopped by the first resistance of the weekly pivot points at the 113.36 level.
The GBP/USD is dictated by various announcements and news about the Brexit deal.