The Aussie rebounded yesterday, as was expected. The pair tested the resistance cluster around 0.7705, but lacked the strength to breach it.
On Tuesday, the EUR/JPY cross edged down, but encountered a support cluster around 130.10.
On Tuesday, the bullion remained broadly unchanged in its price for the second consecutive day.
Yesterday, US Dollar advanced versus Yen for the second day, exceeding Monday's rally.
The support cluster around 1.4866 failed to stop GBP/USD from declining on Tuesday.
Yesterday, EUR/USD's bears managed to push it below major support at 1.09.
In spite of all the expectations the Kiwi slumped versus the US Dollar. The nearest support cluster was breached, whereas the 100-day SMA prevented the pair from ceding even more ground.
The US Dollar remained relatively unchanged against its Canadian counterpart. There was only a slight decline, as the pair opened under the channel's support trend-line.
There were no surprises with AUD/USD over the day, as the Aussie declined against the US Dollar.
The cross remained relatively unchanged after testing the Bollinger band at 131.31 on Monday.
Even though the precious metal has a rather volatile trading session on Monday, it managed to close just marginally above the day's opening mark.
On Monday, the US Dollar misbehaved, as a correction took place instead of a slump.
Even though GBP/USD remained well within predicted boundaries, US Dollar still put weight on the pair.
It seems that bears have won yesterday's battle in moving EUR/USD in the direction they wished.
On Friday, the Kiwi managed to extend its rally, erasing the last week's decline and even some of earlier losses as well.
At the end of the previous week the Loonie outperformed the US Dollar, forcing the pair to plunge down to the support trend-line.
Last Friday the currency pair edged up and completely negated the losses, which occurred during the two previous days.
Friday's bullish outlook confirmed itself, as the EUR/JPY cross extended its climb. However, the gains were unsubstantial, compared to the preceding day.
As expected, the yellow metal reacted to Friday's US payrolls data with greater volatility in the beginning of a new week.
The Greenback experienced a sharp decline at the end of the previous week amid the devastating US Non-Farm Employment Change data.
Last Friday, the British Pound finally managed to break out of its chains, which were holding the currency between the weekly S1 and 20-day SMA.
Just before the weekend, EUR/USD rose considerably for a second day, following weaker than expected US employment data.
Though the base case scenario was only a shallow rally from 0.7450, the price is already noticeably above the 100-day SMA and intends to climb even higher.
USD/CAD pierced through the 55-day SMA, and the currency pair seems to be willing to go even lower.