Even though the USD/JPY currency pair weakened on Wednesday, it still remained within its weekly trading range, namely between 117.00 and 117.90.
The yellow metal surged at the start of Thursday's trading session, as the commodity price almost reached the 1,180 mark.
The British Pound managed to outperform the American Dollar on Wednesday, not only climbing over the 1.23 mark, but also piercing the second resistance level.
EUR/USD topped expectations and is now attempting to conclusively break the upper boundary of the ascending channel pattern on the hourly chart.
The New Zealand Dollar experienced rather strong volatility on Tuesday, but was unable to climb over the immediate resistance, which resulted in the NZD/USD pair stabilising with a small decline.
Same as the Aussie, the Canadian Dollar also benefited from risk-appetite today, gaining more value against the Greenback after another day of relatively flat trade.
The Aussie's behaviour fell in line with expectations on Tuesday, as it outperformed its US counterpart and stabilised above the immediate resistance level.
For the second day yesterday the European single currency failed to outperform the Yen, as demand, represented by the weekly pivot point, was insufficient to cause a rebound.
Gold opened green on Tuesday, eyeing the weekly R1 at 1,165.12 with some more risk at 1,168.25, the upper trend-line of the ascending channel.
The USD/JPY pair was rather volatile on Tuesday, but failed to retain its strength by the end of the day, as trade close with the pair adding only 17 pips.
As was anticipated, the Cable experienced another leg down on Tuesday, with the 1.22 mark limiting the volatility.
EUR/USD took up where it had left off, posting a small green candle during the morning session.
Yesterday the Kiwi suffered another setback in its recovery, having lost 20 more pips against the US counterpart.
Monday ended with the USD/CAD pair remaining almost completely flat.
The weekly PP failed to hold the AUD/USD pair afloat yesterday, which caused volatility to stretch out towards the second support level, namely the weekly S1 at 0.7165.
Once again the EUR/JPY cross behaved in accordance with expectations, having fallen back under 123.00 yesterday.
The Bullion opened green on Tuesday and showed a green candle in the making.
Another rally on Monday caused the US Dollar to break out from the descending channel pattern, suggesting that more gains are likely to follow.
Almost all Friday's gains were erased yesterday, as the Cable slipped back under the 1.23 major level. No significant changes are expected today, as the GBP/USD pair more or less remains in a consolidation period.
EUR/USD completed the retracement it had been attempting on Monday, posting a green candle now which is somewhat consistent with theory, predicting a bullish outburst after the pattern is broken.
The NZD/USD pair appears to have begun its recovery slightly earlier than anticipated, as it failed to put the descending channel's support line to another test two weeks ago.
The US Dollar ended the year with a third consecutive decline, having lost 65 pips against the Canadian counterpart.
Even though the AUD/USD currency pair ended the last day of the year trading in the red zone, it still managed to retain its position above the 0.72 major level, falling in line with expectations.
As was anticipated, the European single currency outperformed the Japanese Yen on Friday, with the tough resistance cluster limiting volatility in front of the 124.00 mark.