The New Zealand Dollar misbehaved on Monday, as it appreciated against the US Dollar, rather then plunging.
Yet again the US Dollar fails to live up to expectations, as it did not advance as much versus the Canadian currency.
On Monday, the 20-day SMA, along with the weekly PP, prevented the AUD/USD currency pair from edging lower and pushed the Australian Dollar back up.
There were no surprises in the EUR/JPY pair's behaviour.
By receiving reliable support from the 2013 low and weekly PP at 1,180 the bullion managed to accumulate daily gains on Monday, even though it firstly attempted to decline as low as 1,173.
The USD/JPY started off the week with a small 13-pip surge.
Despite experiencing strong volatility to the downside, the GBP/USD currency pair still managed to end the day higher.
The Euro started trading at low levels on Monday, namely around the 1.12 mark.
The USD/CAD slightly disappointed, as the pair edged not as high as anticipated.
There were no surprises in the Aussie's behaviour at the end of last week.
As the Kiwi slumped for the third consecutive day last Friday, the Bollinger band prevented the NZD/USD from edging lower again.
The EUR/JPY currency pair behaved according to the forecast last Friday.
The yellow metal was mainly flat last Friday, as markets are getting ready for this week's Federal Reserve meeting.
Last Friday, the US Dollar fell under pressure again, despite good fundamental data.
After experiencing some volatility, the Cable managed to edge higher for the fifth consecutive day last week, rather than falling down.
In spite of trading in the turbulent environment on Friday, the Euro was broadly unchanged against the Dollar by the end of the trading session.
On Thursday, the New Zealand Dollar suffered losses against its American counterpart, but not as severe as forecasted.
The American Dollar did rebound yesterday, but not as much as anticipated.
The Aussie managed to inch up on Thursday, in spite of all expectations.
The EUR/JPY cross traded flat yesterday, as the pair was unable to breach the weekly PP on the downside, nor the monthly R2 from above.
US Dollar struggled again to surpass 124 major level yesterday, as the 20-day SMA provided some resistance.
Despite strong US fundamentals, the Sterling still managed to inch higher against the Greenback yesterday.
EUR/USD was sent below 1.13 on positive US fundamentals yesterday.
Gold registered a first decline in price this week on Thursday, following a release of strong macro numbers in course of the day.