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.
On Friday, USD/JPY hat surged higher until it encountered resistance at 112.50.
By the middle of Friday's trading the GBP/USD had met resistance above 1.3250.
The EUR/USD has reached the targeted level at 1.1610.
Gold prices have jumped, breaking almost all resistance up to the 1,210.00 mark.
The decline of the USD/JPY continued, as the rate reached the 112.00 level.
The GBP/USD has continued to surge, as expected.
The surge of the EUR/USD continued on Thursday.