On Monday the USD/JPY trades above the 61.80 % Fibo.
The GBP/USD has declined even more than expected.
The EUR/USD trades between the 200-hour and the 55-hour SMAs.
The yellow metal continues to trade in limbo around the 1,230.00 mark.
On Friday the USD/JPY traded still below the resistance levels at 112.60.
The GBP/USD has declined even more than expected.
The EUR/USD has punched through the strong support cluster at 1.1460.
Gold is slowly continuing downwards after the previously described bounce off from the dominant resistance.
The surge of the US/JPY has continued, as expected.
The GBP/USD is set to reach the 1.3040 mark.
On Thursday morning the EUR/USD had plummeted down to the 1.1480 mark.
The yellow metal continues to trade near the 1,230 level. However, it had declined down to a support level near the 1,221.00 mark during the morning hours of Wednesday's trading.
As it was expected, the USD/JPY broke resistance near the 112.00 mark.
Main action on the GBP/USD is on the daily chart.
The EUR/USD has booked a new high level by touching the 1.1620 mark.
During the last 24 hours the metal has traded sideways.
The pair has surged back up above the 112.00 mark.
After the UK Employment data release the GBP/USD traded near the 1.32 level.
The rate has continued to trade near the 1.16 mark.
The metal has managed to break above the 1,230.00 level.
The USD/JPY has booked a new low level.
Due to fundamental events during the weekend, the GBP/USD started Monday at 1.31.
On Monday morning EUR/USD remained near previous day's trading levels.
The yellow metal has fulfilled the previous forecast. The 1,227.00 level was reached.