The second resistance limited the EUR/JPY currency pair's volatility yesterday, causing the cross to close trade 133.13.
The US Dollar took another step to reaching the 2004 high against its Canadian counterpart.
The Fed rate hike had low impact on the market yesterday, thus, the AUD/USD climbed above the 0.72 major level and met resistance in face of the weekly PP at 0.7232.
The Dollar plunged at the expense of gold prices on Wednesday, as the Fed Chair Janet Yellen confirmed the future pace of rate hikes will be gradual.
A group of SMAs helped the US Dollar extend its gains and retake the 122.00 major level, with volatility limited by the monthly PP and 20-day SMA circa 122.40.
Due to the Fed delivering no surprises on Wednesday, the markets had a rather mild reaction to the news.
EUR/USD registered a mild decline on Wednesday, just after the Fed announced a decision to raise the key interest rate.
The New Zealand currency was pushed even further down yesterday, with trade ultimately closing just under the immediate resistance.
The USD/CAD currency pair remained unchanged yesterday, as technical studies suggested.
Due to pre-Fed rate hike hype the Aussie lost its bullish momentum and declined more than 80 pips on Tuesday.
On Tuesday the EUR/JPY remained relatively unchanged for a third time in a row, as the immediate resistance cluster pushed the pair down.
The bullion traded with no daily change on Tuesday, even though attempts were made to surge in the direction of 1,070.
The USD/JPY rebounded from its intraday low yesterday, after the inflation data sparked more hope of the Fed raising interest rates today.
On Tuesday the Sterling suffered another gradual decline against the US Dollar, with trade closing only at the second support, namely the weekly S1.
The US currency skyrocketed versus the Euro on Tuesday, by rallying circa 150 points to 1.0930.
The US Dollar experienced minor volatility on Monday, ending the day with a 12-pip rally.
As technical studies suggested, the Aussie appreciated against the US Dollar on Monday, stabilising above the immediate resistance.
On Monday the NZ Dollar managed to erase last Friday's losses and even reach a fresh six-week high.
The European remained relatively unchanged against the Japanese Yen yesterday, as it rebounded from the intraday low back above the 133.00 major level.
The bearish scenario was fully implemented on Monday, as gold prices came under a substantial pressure created by short traders.
The US Dollar dropped to a fresh five-week low yesterday, but managed to partially recover from that slump, closing trade above the immediate support.
The British currency experienced a rather sharp sell-off on Monday, amid remarks of the BoE official concerning poor nominal wage growth.
EUR/USD's volatility surged on Monday, despite lack of fundamental news and in anticipation of the looming Fed interest rate decision.
The New Zealand Dollar slumped against its US Counterpart last Friday, after having tested the immediate support cluster around 0.6775.