Yesterday the EUR/JPY behaved according to the forecast.
The losing streak of XAU/USD was prolonged to three consecutive days on Tuesday, as the metal continued to under-perform despite signs the recovery might take place.
US Dollar advanced against Yen on Tuesday, despite disappointing fundamental data.
The Cable declined for the second day in a row yesterday, as weekly PP failed to provide sufficient support.
The nearest EUR/USD's targets have been reached yesterday, as the pair plummeted the most since May 19 and was pushed below 1.12.
Yesterday the New Zealand Dollar failed to hover over the 0.69 psychological level and, as a result, declined 29 pips.
Despite strong volatility to the downside, the US Dollar still managed to end the day with a rally.
Although after some struggle the Australian Dollar managed to overcome the 100-day SMA, the resistance cluster around 0.78 pushed the Aussie back down.
On Monday, the Euro appreciated against the Japanese Yen after finding support in face of the weekly PP.
It seems that the XAU/USD cross experiences no major issues, while crossing a dense cluster of technical levels in time when the impetus appears.
On the fourth attempt to cross the monthly PP the USD/JPY managed to regain the bullish momentum.
After a two-week rally the Cable was pressured down by a lot better-than-expected US fundamentals yesterday.
Despite optimism from the Greek debt negotiations, EUR/USD lost value on Monday, by falling back below the monthly R1 at 1.1360.
The NZD/USD did not surprise with its performance at the previous week's end.
The Greenback mostly behaved in accordance with the forecast, as it advanced against its Canadian counterpart at the end of last week.
Even though the AUD/USD currency pair reached a daily low of 0.7736 last Friday, the Aussie still closed trade in front of the 100-day SMA at 0.7770.
Last Friday, the Euro behaved according to the forecast, as it declined towards the support cluster at 139.20.
Following the strongest jump since mid-May on Thursday, the yellow metal turned flat just before the weekend.
Last Friday USD/JPY suffered more losses rather than edging higher.
Although GBP/USD reached weekly R2 from the downside on Friday, the trade still ended with the Cable edging slightly higher.
In spite of volatile movements on Friday, the Euro managed to remain just below the monthly R1 resistance line around 1.1360.
The Kiwi edged higher against its US counterpart on Thursday.
The USD/CAD experienced serious volatility to the downside yesterday, but the overall exchange rate remained relatively unchanged.
The Australian Dollar managed to rebound from the 0.77 support cluster and negate three-week losses.