The EUR/JPY remained relatively unchanged on Tuesday, once again unable to climb over the 123.00 major level.
Gold continued its way outside of the channel it previously respected and distanced itself from the senior downtrend as well.
The USD/JPY currency pair remained relatively unchanged on Tuesday, managing to retain its position above the 115.00 mark.
Ahead of the FOMC meeting and the Federal Funds Rate decision the Sterling was unable to post gains against the US Dollar, having closed with a 24-pip loss.
As expected, EUR/USD posted a red candle and created a long legged candle amid volatile intra-day movements.
The Kiwi's performance was similar to the Aussie's, as it received a boost from an increase in oil prices yesterday.
The Loonie continued to outperform the US Dollar at the beginning of the week, as it added another 12 pips against it yesterday.
An increase in oil prices strengthened the Australian Dollar yesterday, allowing it to stabilise at a three-week high against the US counterpart.
Monday ended with the European single currency appreciating against the Japanese Yen, thus, preserving the ascending channel pattern.
Following unexpected gains on Monday, Gold jumped out of the month-long pattern once again, proving it to become irrelevant for future movements.
Despite the USD/JPY pair being supported by a strong demand area, bears still managed to push the pair lower on Monday.
EUR/USD surprised with a second consecutive green candle Tuesday morning, after posting a one percent gain on Monday.
The British currency set off with a strong rally against the US Dollar this week, having not only retaken the 1.26 major level, but also having put the 1.27 mark to the test.
Even though the New Zealand Dollar edged lower against the US Dollar last Friday, its performance is quite similar to the Aussie's today.
The USD/CAD currency pair ended the previous week with a small decline, remaining below the 1.32 level.
For another day the Aussie remained relatively unchanged against its US counterpart on Friday, having lost only 11 pips.
Having reached the ascending channel's support line, the EUR/JPY cross managed to rebound on Friday, therefore, preserving the ascending channel pattern.
Gold returned inside of the channel down pattern it had exited the sessions before, and opened with a red candle Monday morning.
Friday ended with the Greenback posting solid gains versus the Japanese Yen, with the 115.00 level being easily overcome, as the 114.50 psychological resistance failed to limit the gains.
At the end of the previous week the British Pound continued to weaken against the US Dollar, but with the 1.2550 level still providing sufficient support and limiting downside volatility.
While still remaining its track towards the bottom boundary of the senior three-month channel, EUR/USD posted a green candle Monday morning.
The New Zealand Dollar remained relatively unchanged against the US Dollar on Thursday, having added only six pips over the day.
Another day ended with the Canadian Dollar posting gains against the US counterpart yesterday, with the immediate support cluster managing to limit the losses.
The AUD/USD currency pair remained within the borders of the weekly and the monthly PPs yesterday, having experienced another small decline.