The Aussie barely managed to post any gains on Friday, having added just 14 pips against the US counterpart.
EUR/PLN reached for 2011 highs of 4.5360, but fell short of momentum and managed to get as high as 4.5037 over the last year. The pair attacked the area twice and failed both times, forming a set of various patterns, but not a double top. Large-scale patterns are mostly bullish, while the daily chart shows that supply has taken over. Weekly
The yellow metal began the week higher due to US Dollar weakness. The fall in the Greenback during the weekend was caused by uncertainty caused by US politics.
In spite of a weaker US GDP reading on Friday, the Greenback still managed to outperform the Japanese Yen, successfully reclaiming the 115.00 level.
As was anticipated, the demand cluster around 1.2515 limited downside volatility on Friday, also causing the GBP/USD pair to close at 1.2550, namely a 44-pip loss.
With the start of a new week, on Monday, the common European currency began the day's trading session a lot higher than the previous close against the US Dollar.
The New Zealand Dollar remained rather flat against the US Dollar by the middle of Friday's trading session.
The US Dollar was almost unchanged against the Canadian Dollar during the first half of Friday's trading session.
The AUD/USD currency pair behaved in accordance with expectations on Thursday, with the weekly pivot point managing to limit the losses.
The European single currency managed to climb over the 122.00 major level, having added 60 pips against the Japanese Yen on Thursday.
The yellow metal continues its way lower, as it entered its fourth consecutive session of decline on Friday.
In spite of a strong UK GDP reading, the GBP/USD currency pair was unable to pierce the immediate resistance cluster, resulting in a small bearish correction, with a slip below 1.26 again.
A strong rally on Thursday caused the USD/JPY pair to breach the four-week down-trend, with even the second resistance area failing to limit the gains.
As it was forecasted, the common European currency dropped to the weekly PP, which is located at 1.0666, against the US Dollar.
The New Zealand Dollar, as forecasted, hit the weekly R2 at 0.7308 against the US Dollar during Wednesday's trading session.
The US Dollar regained some of its losses suffered against the Canadian Dollar, which were suffered during the previous three trading session.
The Aussie managed to almost completely recover from its intraday losses yesterday, but still causing the ascending channel pattern to be pierced to the downside.
Wednesday ended with the Euro experiencing another setback on its path towards the resistance line at 123.50.
The yellow metal traded near the weekly S1, which is located at 1,197.37. As forecasted, the bullion fell to the level during Wednesday's trading session.
The USD/JPY currency pair experienced another leg down on Wednesday, thus, reconfirming the bearish trend-line.
The Sterling surprised with its performance on Wednesday, having successfully climbed over the 1.26 major level, thus, taking another significant step closer to the main target.
On Thursday morning the common European currency remained below the weekly R1 at 1.0752 against the US Dollar.
The New Zealand Dollar was in its third consecutive session of gains against the US Dollar on Wednesday.
The US Dollar continued to retreat against the Loonie on Wednesday, as by the middle of the day the currency exchange rate had reached below the 1.31 mark.