The previous trading day did not bring any changes for the USD/CAD pair.
In accordance with technical indicators, the AUD/USD left all attempts to reach the weekly R2 at 0.7998 already in the middle of previous trading session.
The second half of Tuesday trading session showed that the EUR/JPY did succeed to overcome a barrier set up by the 200-hour SMA.
The yellow metal broke the resistance line, which was discovered on Tuesday. Due to that reason
On Tuesday, the USD/JPY currency pair continued to trade lower, but lost its momentum in the evening when the pair traded in a relatively narrow range.
Tuesday's session started with the Pound appreciating substantially against the US Dollar, which resulted in the rate reaching the upper channel boundary.
As it was expected the common European currency extended its gains against the US Dollar until the middle of Tuesday's trading session.
Two days ago the NZD/USD has entered into an ascending triangle pattern.
The early hours of Tuesday trading session showed that the American Dollar is continuing to trade against the Canadian Dollar in a recently formed descending channel.
In the second half of Monday the AUD/USD tried to slide back to the weekly PP at 0.7751.
Contrary to expectations, the EUR/JPY left a symmetrical triangle in the northern direction.
The upper trend line of the adjusted small scale ascending channel pattern is providing resistance to the commodity price.
On Monday, the US Dollar remained in a relatively constant range, even despite the massive leap mid-session.
GBP/USD was driven by slight momentum downwards on Monday that led the pair towards the 55-hour SMA circa 1.3040.
The forecasted jump of the common European currency against the US Dollar has occurred.
Due to the 55-hour SMA, the NZD/USD failed to slide down in the early Monday morning.
After release of the US fundamental data on Friday, the USD/CAD did not make any new attempts to get back into a descending channel and ended the slightly above the former weekly S3 at 1.2664.
In line with expectations, the AUD/USD ended the preceding trading week near the former R3 at 0.7801.
In accordance with one of the scenarios described on Friday, the EUR/JPY ended the previous trading week in a limbo between the weekly S1 and PP.
Fundamental data released and covered on Friday by the Dukascopy research team on the live webinar platform has forced the yellow metal's price higher.
The Friday's trading session for the USD/JPY currency pair started rather calmly, as it remained in the 113.50/20 range.
The slight appreciation that guided GBP/USD since last Wednesday changed tremendously mid-Friday when the Pound surged against the US Dollar for three consecutive hours, thus closing the session with a 158-pip gain.
On Monday morning the common European currency had lost ground against the US Dollar.
As it was projected yesterday, the AUD/USD bounced off from the weekly R1 at 0.7340 and slipped back to the prior support level set up by the weekly PP at 0.7292, which by that time was already strengthened by the 55-hour SMA.