The New Zealand currency weakened against its US counterpart at the beginning of the week, with the immediate support cluster failing to hold the losses.
The European currency managed to post solid gains against the Japanese Yen on Monday, retaking the 123.00 major level.
With speculation of BoJ intervention and rising risk appetite, the US Dollar managed to add 125 pips against the Japanese Yen yesterday.
The Sterling remained relatively unchanged against the US Dollar on Monday, unable to pierce the 20-day SMA resistance.
While provided with massive downside momentum around the weekly pivot point and monthly R1 at 1,286/87, the bullion was sold-off at the steepest pace since late-March.
The European currency continues to diminish amid speculations the US Federal Reserve is going to proceed with policy tightening.
The breach of the ascending channel pattern keeps triggering more Kiwi-selling.
The US Dollar kept appreciating against the Canadian counterpart ever since the pair reached the 1.25 major level last week.
The Aussie behaved in accordance with expectations on Friday, as the RBA's monetary policy decision caused the AUD/USD currency pair to reach the second support cluster, but with trade closing slightly higher.
The EUR/JPY currency pair remains in a bearish trend, despite a possible recovery taking place today.
Gold futures advanced for the first time in four days on Friday of the previous week, as they were fuelled by soft US payroll numbers for April.
For the fifth consecutive day last week, the US Dollar remained relatively unchanged against the Japanese Yen, unable to maintain trade below the 107.00 mark.
Weak US employment data on Friday was insufficient to cause the GBP/USD currency pair to rebound, but, nonetheless, the monthly PP managed to limit the losses at 1.4417.
EUR/USD was literally unchanged on May 6, after the monthly R1 turned to be a tough resistance that was able to limit the rally near 1.1475.
On Thursday the NZD/USD currency pair remained relatively unchanged, as the nearest resistance cluster caused the Kiwi to trim almost all gains.
The American Dollar remained almost completely unchanged against its Canadian counterpart on Thursday, having edged only 16 pips lower.
The monthly S1 provided sufficient support for the Aussie, causing it to rebound against the US Dollar on Thursday.
As was anticipated, the European single currency weakened against the Yen, unable to maintain trade above the 123.00 major level yesterday.
For a second day in a row on Thursday the yellow metal was unable to overcome the closest support line represented by the weekly pivot point at 1,272.92.
The USD/JPY currency pair not only remained relatively unchanged for the fourth day in a row yesterday, but also prolonged this week's rally.
The Sterling weakened against the US Dollar for the third consecutive time yesterday, but with the pair losing only 13 pips.
EUR/USD posted a considerable 80-pip decrease in value on May 6, but no major technical levels were breached.
The Kiwi failed to outperform the US Dollar and to preserve the ascending channel pattern, as the decline caused the trend-line to be pierced.
The Greenback added 145 pips against the Loonie yesterday, boosted by positive US fundamentals and disappointing Canadian Trade Balance figures.