The Aussie behaved in accordance with expectations yesterday, having experienced a fifth consecutive decline, but leaving the immediate demand area intact.
Monday ended with the EUR/JPY currency pair sustaining a rather sharp loss, which not only caused the ascending channel's support line to be broken, but also the 122.00 level to be pierced.
The immediate support, namely the weekly PP, somewhat managed to prevent the USD/JPY currency pair from falling under 117.00.
The yellow metal retreated on Tuesday morning.
More issues concerning ‘Brexit' continued to weigh on the British Pound on Monday, causing it to fall under the 1.24 mark.
The common European currency depreciated against the US Dollar on early Tuesday morning, as the currency exchange rate traded below the 1.04 mark.
By the middle of Monday's trading session the New Zealand Dollar had fallen below the 0.6950 mark against the US Dollar.
The US Dollar surged by mid-day on Monday against the Canadian Dollar, as the currency exchange rate found support in the first half of the day's trading session.
The AUD/USD currency pair ended the previous week with a third consecutive decline, managing to remain above the 0.73 major level.
On Friday the European single currency remained relatively unchanged against the Japanese Yen, having added only 18 pips.
The yellow metal surged on Monday morning, as the bullion approached the newly calculated weekly PP at 1,140.81.
Friday ended with the USD/JPY currency pair experiencing a small setback in its bullish trend.
Even though the Cable managed to recover on Friday from a relatively sharp decline the day before, the pair is still expected to suffer losses today.
On Monday morning the common European currency traded just above the 2015 low level of 1.0462 against the US Dollar.
The New Zealand Dollar was not spared on Thursday, as it suffered another serious loss against the Greenback, having lost 78 pips.
The USD/CAD was unable to post significant gains on Thursday, but appreciated nonetheless.
The Australian Dollar inched down against the US counterpart for the second day yesterday, getting closer to the point of erasing all gains, which occurred in the last three weeks.
The EUR/JPY cross experienced mild volatility on Thursday, ultimately closing with a small decline, but with the 123.00 major level remaining intact.
Following an attack at the 1.0419 level, the pair confirmed its significance with a reversal Friday morning.
The negative for the British Pound scenario prevailed yesterday, with the wedge pattern broken to the downside and the 1.25 major level also getting crossed.
The Bullion opened slightly above Thursday's closing price on Friday and went on to push through the bottom Bollinger Band at 1,129.92 to now face 1,135.96.
The USD/JPY currency pair did tough the second resistance cluster, as was anticipated, but also managed to stabilise above the 118.00 level, beating expectations.
The New Zealand Dollar made a U-turn yesterday, completely negating previous week's, as the immediate support cluster failed to limit the losses.
Wednesday was a productive day for the American Dollar, as it surged more than 150 pips against the Canadian counterpart.