The fact that EUR/JPY closed beneath the lower edge of the triangle last week confirmed the bearish bias suggested by the weekly and monthly technical indicators.
Even though the yellow metal's trading range was reaching $20 per ounce on Friday, neither bulls nor bears eventually managed to take control of the market.
Not only did the currency pair manage to close above 120.50, but it also pierced the 200-day SMA last week, meaning we should expect the US Dollar to strengthen even more in the nearest future.
Resistance at 1.55, created by the monthly R1 and 100-day SMA, proved to be a major level after the last two weeks of trading.
EUR/USD prolonged a sell-off below the major upward-sloping 2015 trend-line.
The New Zealand Dollar also benefitted from the ECB's dovish statement yesterday, penetrating the two immediate resistances, but failing to retake the 0.68 mark.
The Canadian Dollar outperformed its US counterpart in Thursday, falling slightly beyond the expected level of 1.31.
The AUD/USD currency pair remained flat on Thursday, thanks to the better-than-expected US Existing Home Sales data.
The European currency suffered from the Mario Draghi's statement a lot more than anticipated, as the third support in face of the 200-hour SMA, monthly PP and weekly S1 was pierced.
Expectations with respect to gold perspectives remain moderately pessimistic, even though the bullion rejected the idea of moving strongly to the south yesterday.
The US Dollar exceeded expectations and rallied towards the resistance line at 120.63 on Thursday.
The Sterling tested the resistance area around 1.55 for the seventh consecutive day and, surprisingly, ended up edging lower.
Pressure on the EUR/USD currency pair was enormous on Thursday, following the ultra-dovish ECB press conference.
There were no surprises in the Kiwi's performance on Wednesday, as the NZD/USD pair dropped for the fourth day in a row, reaching the expected level of 0.67.
The Loonie weakened against the American Dollar after the BoC's statement on Wednesday.
The Aussie decline to a fresh five-day low yesterday, piercing the immediate support, but remaining above the 0.72 mark.
The European currency tested the 100-day SMA, but remained flat over the day, refusing to remain above the 136.00 level.
From the third attempt in three days the bullion has finally closed the daily trading below one of the most important supports, namely the Aug high at 1,170.
The US Dollar inched seven pips higher against the Yen, remaining within the borders of the immediate resistance cluster, namely between the 20-day SMA and the monthly PP.
The Cable gave up on its early gains on Wednesday, as the BoE Governor's speech caused investors to lose confidence in the Sterling.
Before the European Central Bank meets in Malta on Thursday, the EUR/USD cross decided to stay on hold during the previous 24 hours.
In spite of several signs pointing to a rally, the NZD/USD currency pair weakened on Tuesday, making it a third slump in a row.
The Greenback suffered a small decline against its Canadian counterpart, testing the cluster at 1.2935.
The RBA's statement about holding interest rates was insufficient to keep the AUD/USD elevated through all of the day yesterday.