The AUD/USD currency pair was able to only pierce the immediate resistance and close trade at 0.7325.
The EUR/JPY pair was unable to maintain trade above the 124.00 mark on Tuesday, as the immediate resistance cluster proved to be impenetrable.
Three consecutive days of gains resulted in the testing of the weekly R1 back on Monday, but yesterday gold has been relatively quiet in its movements.
Despite substantial upside volatility, the US Dollar was unable to stabilise above the resistance line of the falling wedge pattern.
The British Pound appreciated against the US Dollar for the second day yesterday, with the resistance area around 1.4482 managing to limit the gains.
EUR/USD tested the weekly pivot point resistance line at 1.1346 on Tuesday; however, the bears took control over the market after US data showed better than anticipated inflation in April.
Due to the Kiwi being a commodity-linked currency, the NZD/USD currency pair managed to retreat from intraday lows yesterday and end the day in the green zone with a 23-pip rally.
An increase in oil prices yesterday caused the AUD/USD currency pair to edge higher, but the rally was unsufficient to maintain trade above the 0.73 major level.
As was anticipated, the psychological resistance line at 1.2962 caused the USD/CAD to make a U-turn and even fall back under the 1.29 level.
On Monday the European single currency edged higher against the Yen, retaking the 123.00 major level and breaching the immediate resistance in face of the weekly PP.
After testing the most immediate daily resistance line, which is represented by the weekly R1 at 1,287.68, the bullion was forced to erase these intraday gains amid growing risk appetite over the US equity session on Monday.
Even though the US Dollar edged higher against the Yen on Monday and even erased Friday's losses, the resistance trend-line of the falling wedge was not put to the test.
Demand, represented by the 100-day SMA, was sufficient yesterday to trigger a rebound, but with the 1.44 major level barely retaken.
Yesterday EUR/USD regained only a tiny percentage of Friday's losses, as data-free trading session ended with no distinctive leadership of either bulls or bears.
The New Zealand Dollar behaved in accordance with the forecast, as it weakened against the US Dollar, with volatility limited by the 0.6760 level.
The psychological resistance at 1.2962 prevented the US Dollar from posting larger gains against its Canadian counterpart on Friday.
As was expected, the 200-day SMA kept the AUD/USD currency pair from sustaining sharper losses on Friday.
On Friday the Euro slumped against the Yen slightly more than anticipated, with the expected 123.00 major level failing to limit the dips.
The monthly pivot point at 1,265.92 has not been confirmed for a second time in a one week on Friday.
The US Dollar failed to outperform the Yen on Friday, as the safe-haven status of the Japanese currency caused the pair to bounce back from the falling wedge's resistance line and close with a 40-pip slump.
A set of positive US fundamentals caused the British Pound to plunge against the US Dollar on Friday, with the 100-day SMA managing to limit the losses.
Positive streak of US data resulted in a drop from the monthly pivot point at 1.1376 on Friday.
The US Dollar remained completely unchanged against the Canadian counterpart, despite rather weak US fundamentals initially triggering a sell-off towards the 1.28 level yesterday.
The Australian Dollar managed to pierce the nearest support yesterday and almost reach the second target, represented by the monthly S2 at 0.7302.