Strong US fundamentals pushed the USD/CAD even higher on Friday, while falling oil prices provided an additional boost.
Last Friday the AUD/USD currency pair suffered a 95-pip loss, amid global oil overproduction and, thus, lower prices for black gold.
Even though the EUR/JPY's bullish momentum faded last Friday, the pair was still unable to close under the immediate support, thus, remained relatively unchanged.
Price movements ranged from 1,062 to 1,079 on Friday of the previous week.
The USD/JPY experienced serious volatility on Friday, with trade closing in at the target support at 120.98, namely the monthly S1.
The Cable ignored the positive US fundamental data on Friday, as the IMF's upbeat report on the UK economy boosted the British currency.
As expected, EUR/USD surged past the 55-day moving average line to close the week just below the 1.10 mark.
The NZD/USD's surge was diminished by the immediate resistance in face of the Bollinger band and the monthly R1 yesterday, causing a close at 0.6752.
Due to mixed US fundamentals, the Aussie closed 20 pips higher than expected yesterday.
The Greenback retained its strength and regained the bullish momentum after reaching a daily low of 1.3532.
As was anticipated, the weekly PP limited the EUR/JPY's volatility yesterday, as the immediate support allowed the pair to edge lower.
Gold prices tanked below the weekly pivot point on Thursday, even though long traders used an attempt to hold the bullion above this technical level earlier in the morning.
The tough resistance cluster prevented the USD/JPY from posting serious gains on Thursday.
The Cable was a few steps away from touching the major level of 1.51 yesterday, but rebounded from the daily low, with trade closing at 1.5161.
EUR/USD traded down on Thursday, after the 200-day SMA managed to create a formidable resistance for bullish traders at 1.1031.
Even though the RBNZ cut its cash rate yesterday, the New Zealand Dollar still appreciated against its US counterpart, as the bank announced that no further easing is required for the inflation to reach its 2% target.
There were no surprises in the USD/CAD's performance yesterday, as the pair edged a few pips lower after having tested the immediate support.
The Australian currency managed to rebound after reaching a three-week low and end the day with a 15-pip rally.
The EUR/JPY cross experienced minor volatility on Wednesday, but ultimately remained unchanged over the day.
The bullion saw its value climbing in the direction of the monthly pivot point on Wednesday.
Broad US Dollar selling caused the strong support around 122.30 to be broken, which resulted in the USD/JPY stabilising on the edge of the third support at a one month low.
The US currency experienced an unexpectedly sharp sell-off on Wednesday, leading the Cable to a fresh two-week high.
EUR/USD booked another bullish trading session on Wednesday, as the currency pair spiked above 1.10 to touch the most important 200-day SMA at 1.1031.
The NZ Dollar remained muted against the US currency on Tuesday in anticipation of the RBNZ meeting today.