Yesterday the NZD/USD currency pair suffered more losses.
Yet again the Greenback outperforms the Canadian Dollar, as the pair breached through the two nearest resistances yesterday.
The Australian Dollar behaved in accordance with the forecast yesterday, as it edged lower versus its US counterpart.
Despite strong volatility to the upside, the EUR/JPY cross still declined on Wednesday, but not as much as anticipated.
At the moment XAU/USD is falling further in the direction of the nearest support, which is placed at 1,162 (Jun 5 low, weekly S1 and lower Bollinger band).
The American Dollar overperformed the Japanese Yen on Wednesday, as it breached through the immediate resistance cluster around 123.00.
The Sterling surprised with its performance for the second day, as it suffered serious losses against the US Dollar.
As expected, EUR/USD's bears managed to send the pair to the near-term target around 1.1060, where 100-day SMA and weekly S1 are currently placed.
Although the NZD/USD fell under the weekly S1, the currency pair was pushed slightly back.
Despite substantial volatility to the downside, the US Dollar still managed to appreciate against its Canadian counterpart.
On Tuesday, the weekly PP caused the Australian Dollar to climb up versus the Greenback.
The EUR/JPY cross behaved according to the forecast on Tuesday.
After falling back below the 2013 low in the evening on Monday, the bullion decided to continue hovering beneath this level the next day as well.
Upon reaching the 122 psychological level, the USD/JPY currency pair was pushed back; however, the Buck still failed to close higher.
The Sterling declined versus the US Dollar on Tuesday, amid better-than-expected US fundamentals.
Yesterday EUR/USD bounced back from the long-term downtrend, the line which is also supported by the weekly pivot point at 1.1234.
In spite of our expectations, the Kiwi managed to inch up over Monday.
The USD/CAD surprised with its performance yesterday, as the pair gained over 60 pips.
On Monday, the Australian Dollar behaved in accordance with expectations, as it appreciated against the Greenback.
The European currency skyrocketed on Monday in attempt to reach the exchange rate, where the gap occurred.
Gold lost value yesterday, following a positive jump in the beginning of the trading day.
Despite reaching the 123 major level, the USD/JPY remained relatively unchanged on Monday.
On Monday, the Sterling appreciated against the US Dollar, but not as much as anticipated.
A considerable drop in the beginning of trading on Monday managed to provide the common currency with a significant bullish momentum afterwards, and EUR/USD faced no issues when returning back above the 1.12 mark.