Session summary: dollar extends the next FOMC

FXstreet.com (San Francisco)-the u.s. dollar extended gains for the second day against the EUR and the third session against the pound as investors remain cautious ahead of the Federal Reserve's policy meeting next week. However, it is too early to speak of a high place in EUR/USD and GBP/USD.

As Valeria Bednarik of FXstreet.com said in a recent report, "taking a look at the daily chart, you may think that a double top is going around 1.3810 30 high-from October to December, although it looks better shows the Valley between both, and the level to be broken in order to confirm the figure, is equal to 1.3290."

In a chart, the AUD/USD for the fifth week in a row after posting only two negative sessions over the past nine days. EUR/USD fell on Friday to test the lows at 1.3710 but managed to close at 1.3740.

More photos in GBP/USD as the cable has dropped for the second week close at 1.6290. The pound has just closed under 1.6300, who used to be supportive in the previous days. The USD/JPY advanced for the seventh consecutive week; the couple has reached peaks of 5 years at 103.91 Friday but felt dizzy and closed high at 103.30.

Major American session titles:

USA: production prices Index falls 0.1% in November

Goldman: don't bet on a lot of the strength of the dollar in 2014 despite the Fed thins

FXBeat weekend reading: a new set of eyes on the AUD/NZD

CFTC commitment of traders: big bets against the Canadian dollar

Wall Street declines for the second meeting of the FOMC next week

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