Since Monday gold prices continued to trade near the lower trend line of a dominant pattern.
On Wednesday morning, the previous forecast of the USD/JPY remained in force.
As it was expected, the GBP/USD has surged. In addition
On Wednesday, the EUR/USD was trading in limbo around the 1.15 mark.
On Tuesday, the yellow metal remained near the previously reached lower trend line of a dominant pattern.
After booking a new low level the USD/JPY recovered on Tuesday morning.
The GBP/USD had retreated down to 1.3050 on Tuesday.
The EUR/USD is booking new low levels, as
The yellow metal's prices plummeted down to a dominant support line, as expected.
USD/JPY plummeted during the morning analysis period due to a fundamental event.
The GBP/USD has gained more than it was expected.
On Monday, the EUR/USD continued to decline and was set to once more reach the 1.1462 level.
After a larger review of the yellow metal's charts it has been deducted that the bullion should trade sideways.
The USD/JPY has broken an ascending pattern and fallen.
The GBP/USD has reached above 1.30, as it expects US data.
The EUR/USD is being pushed lower by the resistance of the 55-hour simple moving average.
Gold found support and is set to reach the 1,207.50 level.
USD/JPY continues its surge, as 114.60 mark has been reached.
By the middle of Thursday GBP/USD had booked a new low level.
The EUR/USD has continued its path downwards after reaching out to the resistance of the 1.16 mark.
Gold jumped on Tuesday and reached the upper trend line of a pattern above 1,205.00 level earlier than it was expected.
On Wednesday the USD/JPY was expected to surge above the 114.00 level.
On Wednesday, the GBP/USD was trading near the 1.3010 mark, from which it might surge up to 1.3040 or fall down to 1.2950.
The EUR/USD was heading for the 1.16 level on Wednesday.