Ever since the USD/CAD pair touched the ascending channel's support line last month, it has been steadily climbing up.
The Aussie closed with gains on Friday, thus providing the necessary confirmation of a falling wedge pattern.
The European common currency continues to extend its gains for the second consecutive day.
Gold continued the indecisiveness on the daily chart maintaining the overall ranging motion by slipping from the top it had managed to post on Friday.
In spite of a an extremely weak US GDP reading on Friday, the US Dollar managed to outperform the Japanese Yen, adding 27 pips.
Substantially weak US GDP data on Friday allowed the British Pound to take the upper hand and experience another leg up.
EUR/USD opened in the red zone on the daily chart, showing a solid downward movement just after it had opened significantly above Friday's closing price.
The New Zealand Dollar traded in limbo around the monthly S1 at the 0.6870 level against the Greenback.
On Friday, the US Dollar against the Canadian Dollar attempted once more to break through the resistance put up by the monthly R2, which is located at the 1.3643 level.
The first half of today's session was prevailed by bulls, giving signals to a possible U-turn.
EUR/JPY started the first half of this trading day strong, dashing through three resistance levels.
The yellow metal has not moved much since the fall, which was experienced on Tuesday.
Thursday ended with the US Dollar outperforming the Yen, therefore, leaving the 111.00 handle intact.
Downbeat US fundamental data caused the Cable to appreciate again and break out from its consolidation trend yesterday.
On Friday morning the common European currency had retreated below the combined resistance of the weekly R2 and monthly R1 near the 1.0880 level against the US Dollar.
Since the opening of the session of April 23 the New Zealand Dollar had lost more than 2.5% against the US Dollar by the middle of Thursday's trading.
The Greenback managed simultaneously to reach new heights and retreat against the Canadian Dollar during the first half of Thursday's trading session.
Today's trading session has not brought any changes for the Aussie, as it continues to depreciate against the Greenback for the fourth consecutive day.
The first half of today's trading session demonstrated strong upside momentum that pushed the Euro towards the upper boundary of the broadening wedge.
The yellow metal remained near previous session's opening level on Thursday morning, as the commodity price ran into resistance during the last hours of Wednesday's trading.
The USD/JPY currency pair remained relatively unchanged yesterday, with the 111.00 major level limiting downside volatility.
Wednesday ended with the British currency erasing all intraday losses against the US Dollar, but with no significant gains registered.
On Thursday morning the common European currency remained near the 1.09 mark against the US Dollar.
The plummeting of the New Zealand Dollar against the Greenback continued on Wednesday, as by the middle of the day's trading session the currency exchange rate had touched the 0.6880 mark.