As was anticipated, the Greenback lost some ground on Thursday, having slid back under the 104.00 mark.
Even though the British Pound managed to outperform the US Dollar on Thursday, the monthly S3 once again prevented the pair from edging higher.
The common European currency depreciated against the Greenback on early Friday morning, as the currency exchange rate had dropped below the support provided by the weekly S2 at 1.1043.
The New Zealand Dollar traded in the middle of a resistance cluster made up of the weekly S1 at 0.7082 and the monthly S2 at 0.7070 against the US Dollar.
The US Dollar depreciated against the Canadian Dollar by midday on Thursday, as the currency exchange rate encountered the triangle pattern's resistance line on early morning and bounced off of it to continue its way to the weekly PP at 1.3227.
The Aussie outperformed its US counterpart on Wednesday, but partially erased its intraday gains after the FOMC September minutes were released.
Just last week the EUR/JPY cross reconfirmed the ten-month trend-line, which is the upper border of a broadening falling wedge pattern.
From a technical perspective the yellow metal is continuing yesterday's rebound from the 1,250 psychological level.
The Cable retreated from its intraday high after the FOMC Meeting Minutes were released yesterday, but still managed to reclaim the 1.22 level.
The common European currency slightly rebounded against the US Dollar on Thursday morning, as the currency exchange rate encountered the support of a channel down pattern.
The American Dollar appreciated against the Japanese Yen on Wednesday, beating expectations and easily climbing over the 104.00 level.
By mid-day on Wednesday the Kiwi tried to break through the resistance cluster against the US Dollar.
The US Dollar had retreated to the weekly pivot point at 1.3227 against the Canadian Dollar.
Australian fundamentals caused the Antipodean currency to weaken against the US Dollar yesterday, with the target support area limiting the losses.
The Euro experienced a rather sharp decline on Tuesday, but with the 114.00 major level managing to contain downside volatility and the second support area causing trade to close at 114.44.
The common European currency traded below the 1.1050 level against the Greenback on Wednesday, as it had found resistance in the second weekly support level at 1.1043.
Another hard sell-off of more than 200 pips occurred yesterday, causing the Cable to fall towards the 1.21 major level.
For the second day this week the USD/JPY currency pair remained relatively flat, due to lack of a market mover.
On Wednesday morning the yellow metal had once more found support in the psychological level of 1,250 and rebounded.
The New Zealand Dollar continued to depreciate against the US Dollar on Tuesday, as the currency exchange rate reached new low levels.
By midday on Tuesday the Greenback regained ground lost to the Loonie on Monday.
Due to a US bank holiday on Monday, the AUD/USD currency pair barely experienced any changes, unable to pierce any significant level.
The EUR/JPY currency pair remained relatively unchanged on Monday, having lost only 13 pips that day.
After slightly surging for the past two trading sessions the yellow metal had slightly depreciated on Tuesday morning.