USD/JPY demonstrated increasing levels of volatility yesterday, with the difference between the open and close exceeding 100 pips.
The Sterling keeps surprising, as it edged up on Monday, instead of slumping versus the US Dollar.
Despite falling for a sixth day in a row, the Euro failed to drop beyond Bollinger band at 1.0550 on Monday.
The currency pair edged down last Friday. Although the forecast stated a dip towards 0.75, the Kiwi actually closed the week at 0.7528.
At the end of the previous week the US Dollar weakened against its Canadian counterpart, despite the rally at the beginning of the trading session.
Last Friday, the AUD/USD pair declined, as the monthly PP forced the pair to retreat.
The currency pair fell for a fifth day in a row on Friday.
Despite posting a considerable jump in price on Friday, Gold still managed to respect two closest resistance and support levels and denied developing beyond any of them.
Last Friday, the US Dollar experienced a decline, falling in line with the forecast
Despite the expectations, the Cable crossed the 1.47 level at the end of the last week.
For a fifth consecutive day, the Euro plunged in its value on Friday of last week.
On Thursday, the NZD/USD pair climbed a little up, but was still unable to negate the losses suffered at the beginning of the week.
Yesterday's performance of USD/CAD was counterintuitive, taking into account worse-than-expected fundamentals from Canada.
The AUD/USD pair experienced a third day of losses yesterday.
The Euro declined against the Yen for the fourth consecutive day.
As expected, the yellow metal slipped for a third day in a row and approached the support zone just below 1,200.
The Greenback keeps surprising with its performance, as USD/JPY unexpectedly edged up yesterday.
In contradiction to the forecast the currency pair plunged.
Eventually, EUR/USD dropped below one of the strongest support levels yesterday, which is represented by 2003 low at 1.0759.
The New Zealand Dollar regained upward momentum on Wednesday. In accordance with the forecast, NZD/USD breached the first two resistance levels, but lacked the strength to reach 0.76.
USD/CAD rallied on Wednesday, in spite of the expectations. At first the Greenback fell as far as 1.24, although a sudden change of heart happened amid the hawkish meeting minutes, and the pair rose.
As expected, the Aussie appreciated against the Greenback yesterday, despite the presence of some bearish signs.
Yesterday, the EUR/JPY currency pair edged down for the third day, successfully breaching the support cluster around 130.
It seems that three strong resistance levels came together in order to push Gold to the downside.