The Sterling surprised with its performance on Tuesday, as it managed to unexpectedly recover from its intraday low yesterday and even ended the day in the green zone.
On Wednesday morning the common European currency remained almost flat against the US Dollar near the 1.0550 mark.
The New Zealand Dollar's surge to the upper trend line of the long term descending channel pattern against the US Dollar was hindered on Tuesday.
The US Dollar remained rather unchanged against the Canadian Dollar in the past few trading sessions.
On Monday the Australian Dollar outperformed its US counterpart, completely erasing Friday's losses.
Monday ended with the EUR/JPY cross shifting polarity, ending the day with a 51-pip decline.
Monday ended with the EUR/JPY cross shifting polarity, ending the day with a 51-pip decline.
The yellow metal began a decline after reaching above the first monthly resistance at 1,184.64 and touching the 1,187.82 level, where a medium-term trend line was located at on Tuesday.
With newly arisen concerns about Brexit, the Pound experienced another leg down and closed trade below the immediate support level.
A new spark of risk-aversion prevented the USD/JPY pair from posting more gains yesterday, causing the to fall towards 116.00.
During the early hours on Tuesday the common European currency reached the upper trend line of the medium-scale ascending channel pattern at 1.0627 against the US Dollar and bounced off of it.
The New Zealand Dollar surged slightly higher against the US Dollar, as the currency exchange rate rebounded against a combined support cluster of various levels of significance near 0.6950 level.
During the first half of Monday's trading session the US Dollar attempted to break through the resistance against the Canadian Dollar put up by the 100-day SMA at 1.3268.
The AUD/USD currency pair returned within the channel's borders on Friday, with the monthly pivot point and the 20-day SMA limiting the losses.
The Euro's rally on Friday reconfirm the current consolidation trend, with price closing only at 123.23.
After three consecutive trading sessions of gains the yellow metal stopped the surge and lost value during Friday's trading session.
The Greenback almost completely managed to erase its previous losses on Friday, successfully climbing over the 117.00 yen mark.
Brexit issues continued to weigh on the British currency on Friday, with even weak US fundamental data being insufficient to help the Cable erase its intraday losses.
The common European currency traded almost flat on Monday morning against the US Dollar, as the currency exchange rate fluctuated below the 1.0550 mark.
The New Zealand Dollar depreciated against the US Dollar by the middle of Friday's trading session.
Thursday ended with the Australian Dollar somewhat breaching the resistance line of the two-month descending channel pattern.
The US Dollar recouped its losses against the Canadian Dollar by the middle of Friday's trading session.
The European single currency behaved in accordance with expectations yesterday, as it breached the immediate demand area and made its way to the second one, where support was found.
The yellow metal traded below the second weekly resistance, which is located at 1,179.94, on Friday morning.