During the first half of Tuesday's trading session the US Dollar continued the walk of victory against the Loonie.
Not only did the Aussie remain relatively unchanged against the US Dollar on Monday, but also remained flat through most of today as well.
The Euro appreciated against the Yen yesterday, with gains limited by the 100-day SMA, meaning that the immediate resistance was pierced.
The yellow metal on Tuesday morning was regaining some of the losses, which it suffered during Monday's trading.
There were no surprises in the USD/JPY pair's performance on Monday, being that the Buck easily outperformed the Yen, with volatility limited by the immediate resistance area.
Even though the Cable experienced another leg down on Monday, the support cluster around 1.24 managed to limit the losses and keep the pair elevated once again.
The common European currency continued to appreciate against the US Dollar during the early hours of Tuesday's trading session, and the currency exchange rate was positioned to continue to do so.
The New Zealand Dollar was in a retreat against the Greenback in the first half of Monday's trading session.
The US Dollar bounced between two levels of significance against the Canadian Dollar by the middle of Monday's trading session.
Friday ended with the Aussie Dollar declining against the US counterpart, which led to the breach of the six-week up-trend.
As was expected, the Euro weakened against the Yen on Friday, easily piercing the 119.00 major level and the immediate support.
During the last trading session the yellow metal stopped the jump, which was the result of a breakout out of a triangle pattern.
The less favourable for the US Dollar scenario prevailed on Friday, causing the pair to edge lower once again.
Friday ended with the Cable erased most of that week's gains, with the bearish momentum persisting through the weekend.
The common European currency started the week higher against the US Dollar than the Friday's closing price.
The Kiwi has reached the resistance cluster consisting of weekly R1 at 0.7239 and 20-day SMA at 0.7238, acting accordingly to yesterday's forecast.
During the last trading session the Loonie was able to breach the strong support cluster consisting of weekly R1, 200-day SMA and monthly PP located near the 1.3150 level.
Even though Thursday ended with the Aussie outperforming the Greenback, the rally was very limited, with the exchange rate experiencing difficulties breaching the immediate resistance circa 0.7735.
The EUR/JPY currency pair failed to appreciate on Thursday, breaching the tough support at 119.50. The given cross now faces another strong demand cluster at 118.75, represented by the lower Bollinger band, the weekly and the monthly S2s.
As forecasted and mentioned for the past week by the Dukascopy research team, the yellow metal has broken out of a triangle pattern and surged.
Lack of certainty concerning the US tax reforms triggered USD-selling, causing it to drop 69 pips against the Japanese Yen yesterday.
The Cable not only reached its target on Thursday, but even managed to close trade at the highest level in nearly three weeks.
The Euro continued to book gains against the US Dollar during the early hours of Friday's trading session, as the currency exchange rate attempted to break through the resistance put up by the 55-day SMA, which was located at 1.0593.
Once again the AUD/USD currency pair preserved the up-trend, having experienced a 29-pip rally on Wednesday, which allowed the 0.77 major level to be reclaimed.