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.
Mostly positive US fundamentals caused the AUD/USD currency pair to fall towards the nearest support area yesterday, where the Bollinger band coincides with the monthly S1.
On Wednesday the EUR/JPY pair managed to reach the expected target, but trimmed most of its gains, as the immediate resistance was too tough to pierce.
Bearish traders attempted to prolong a correction as lower as possible yesterday, but they met a tough support in face of the weekly pivot point at 1,272.92.
Upbeat US Services PMI data caused the Greenback to outperform the Japanese Yen on Wednesday, but with the exchange rate unable to move over the 107.00 psychological level.
Despite a weak reading of the US ADP Non-Farm Employment Change yesterday, the Cable still edged lower, but managed to close on top of the 1.45 major level.
Yesterday's trading conditions were light, even despite broad presence of important US statistics including the first insight into labour market's performance in April.
The New Zealand Dollar plunged against the American one on Tuesday, driven not only by falling oil prices, but also by rising unemployment rate in New Zealand.