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.
There was no trading of Gold Monday morning, which led to a lack of motion in the XAU/USD price.
The USD/JPY currency pair managed to post some gains last Friday, retaking the 117.00 major and reconfirming the channel's borders.
The British Pound decided to end the day with a blast, as it successfully reclaimed the 1.23 major level on Friday, having surged 84 pips against the US Dollar.
Following a volatile session on Friday, EUR/USD entered this year with a small green candle on the morning session, testing the upper boundary of the most recent channel down.
During the first half of Friday's trading session the New Zealand Dollar retreated from the high level scored against the US Dollar during Thursday's trading.
Due to rising oil prices the Aussie received a boost on Thursday, adding 45 pips against the American Dollar.
The US Dollar retreated against the Canadian Dollar during the first half of Friday's trading session.
The Euro barely managed to recover from its intraday low yesterday, ultimately adding only 17 pips against the Japanese Yen.
The bullion traded above the third weekly resistance level, which is located at 1,158.04, on Friday morning.