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.
USD/JPY fell down yesterday, but not as hard as expected.
Despite the expectations, the currency pair edged up on Wednesday.
On Wednesday, EUR/USD has mostly hovered just in between two important technical levels, including monthly PP and weekly S1.
No surprises concerning NZD/USD pair occurred yesterday. The US Dollar outperformed its New Zealand counterpart, and the rate dropped to 0.7504, just four pips above the forecast.
The currency pair confirmed the forecast, as it edged up on Tuesday; however, the gains were relatively small, only 26 pips.
The Aussie rebounded yesterday, as was expected. The pair tested the resistance cluster around 0.7705, but lacked the strength to breach it.
On Tuesday, the EUR/JPY cross edged down, but encountered a support cluster around 130.10.
On Tuesday, the bullion remained broadly unchanged in its price for the second consecutive day.
Yesterday, US Dollar advanced versus Yen for the second day, exceeding Monday's rally.
The support cluster around 1.4866 failed to stop GBP/USD from declining on Tuesday.
Yesterday, EUR/USD's bears managed to push it below major support at 1.09.
In spite of all the expectations the Kiwi slumped versus the US Dollar. The nearest support cluster was breached, whereas the 100-day SMA prevented the pair from ceding even more ground.
The US Dollar remained relatively unchanged against its Canadian counterpart. There was only a slight decline, as the pair opened under the channel's support trend-line.
There were no surprises with AUD/USD over the day, as the Aussie declined against the US Dollar.
The cross remained relatively unchanged after testing the Bollinger band at 131.31 on Monday.
Even though the precious metal has a rather volatile trading session on Monday, it managed to close just marginally above the day's opening mark.
On Monday, the US Dollar misbehaved, as a correction took place instead of a slump.
Even though GBP/USD remained well within predicted boundaries, US Dollar still put weight on the pair.