The New Zealand Dollar plunged more than 50 pips against its US counterpart on Monday, amid a oil prices declining that day.
A decrease in oil prices caused the USD to outperform the Loonie, with the descending channel's resistance line getting breached.
The Australian Dollar weakened against the US Dollar yesterday, with trade closing at the 0.76 major level.
The EUR/JPY currency pair pierced the channel's lower border on Monday, but failed to reach the second support target.
Yellow metal hovered predominantly in the red territory on Monday, but the bears were only capable of pushing the price down to the 1,215 mark and not any below it.
A poor reading of the US Factory Orders caused the USD to weaken against the Yen on Monday, with the Bollinger band limiting the losses.
On Monday the GBP/USD currency pair reconfirmed the six-week up-trend, but recovering from its intraday low and edging over the 1.43 level.
The most traded FX cross refrained from kicking off a recovery in the direction of the 1.15 mark yesterday, as traders are waiting for the FOMC minutes tomorrow and maintaining the wait-and-see mode.
On Friday the Kiwi recovered from its intraday low and ended the day relatively unchanged, having edged only four pips lower.
Upon reaching the monthly PP and the 20-day SMA around 1.3150 on Friday, the USD/CAD currency pair retreated from its intraday high and barely managed to hold above 1.30.
The AUD/USD currency pair ended the previous week relatively unchanged, with trade closing at 0.7674.
As was anticipated, the European single currency edged lower against the Japanese Yen on Friday.
Technical trading of the bullion remains uncertain at the moment, because there are several important resistances and supports surrounding the present spot price of 1,217.
The USD/JPY retained its weakness after Yellen's dovish stance last week, which resulted in the pair's 90-pip slump on Friday.
Last Friday the GBP/USD currency pair declined more than anticipated, having pierced the immediate support cluster and put the short-term up-trend to the test.
Friday's wide trading resulted in no gains for both sides of the market. EUR/USD attempted to grow to 1.1440 and decline as low as 1.1340, but ultimately a small green candle confirmed that the pair added only 11 pips over the day to end it near 1.1389.
The American Dollar managed to recover from its intraday low yesterday and end the day with a retake of the 1.30 mark.
The New Zealand Dollar's performance yesterday was similar to the Aussie's, as the NZD/USD currency pair erased intraday gains and ended the day with a slight decline.
Upon taking another shot at climbing over the 0.77 mark on Thursday, the AUD/USD's momentum has shifted to the bearish side, but no substantial losses occurred.
For the fifth consecutive day the Euro edged higher against the Yen, having also retaken the 128.00 major level on Thursday.
Gold prices attempted to skyrocket again on Thursday; however, by the end of American market session the bears managed to push the bullion down to 1,232 and below the 20-day SMA.
The US Dollar remained relatively unchanged against the Japanese Yen on Thursday, amid mixed fundamental data.
The Cable struggled to pierce the weekly R1 for the second day yesterday and is likely to have issues edging above 1.44 again today.
By appreciating for a fourth successive day on Thursday, EUR/USD tested the 1.14 mark for the first time since October.