The yellow metal was guided by upside momentum on Friday.
Despite some minor fluctuations, the US Dollar remained stable against the Yen on Friday.
GBP/USD experienced another day of weakening on Friday.
Following a few days of decline, the Euro finally recovered some losses against its American counterpart on Friday.
The NZD/USD pair has been constrained by a descending channel. On Thursday, the currency pair was guided by bears who strengthen their position during the end of US session.
The Greenback surged against other major currencies on Friday. The reason was the that history was made when the North Korea leader Kim Jong Un became the first leader to cross into the South Korean territory to meet with the South Korea president Moon Jae-in for the Korean summit.
The Australian Dollar has been weakening against the US Dollar since Mid-April. The movement for the pair has been constrained by a descending pattern. As shown on the chart, the currency pair has breached the upper boundary of the channel down.
The common European currency was driven by a strong downside momentum against its Japanese counterpart on Thursday after ECB president Mario Draghi speech. As a result, the pair fell 0.96% by the end of trading day.
Following a rather calm Thursday morning, Gold was pressured lower by the strong resistance of the 55-hour SMA.
Following a breakout from the steep ascending channel, the bearish sentiment failed to take the upper hand and push USD/JPY down to the 100-hour SMA and the breached wedge line near 108.75.
GBP/USD demonstrated high volatility in both directions on Thursday.
The common European currency continues to weaken considerably against its American counterpart for the sixth consecutive session.
The New Zealand Dollar was pressured by bearish sentiment on Wednesday. As a result, the rate breached both the weekly S2 at 0.7090 and the lower boundary of a medium-scale triangle.
The USD/CAD currency exchange rate was guided by bulls on Wednesday who strengthened their positions during the second part of the trading session.
The AUD/USD currency pair has been pressured by bears since April 19 which resulted in the rate falling to a four-month low at 0.7556. The decline was temporary stopped by the weekly S2 at 0.7556.
The single European currency has been trading sideways against the Japanese Yen since April 24. The currency pair has been unable to make a new wave to either direction since the pair hit the weekly R3 at 133.53.
The first part of Wednesday's trading session was spent under the bearish pressure, as the yellow metal lost 0.88% against the US Dollar.
The US Dollar managed to resume its strong upside momentum on Thursday and shot up 63 pips during the day.
The Sterling was driven by downside potential during the first part of Wednesday.
EUR/USD failed to pick up momentum on Wednesday and remained below the 55-hour SMA.
The New Zealand Dollar has been trading in a descending channel against the Greenback since mid-April. The exchange rate tested the upper boundary of a large-scale triangle on April 13 and began a new wave down.
The US Dollar has been trading constrained by an ascending channel against the Canadian Dollar. The currency pair bounced off the lower boundary of a junior ascending pattern on April 17 and has since maintained its channel.
The Australian Dollar has been trading in a junior descending pattern against the US Dollar. The upper boundary of this channel was reached during the middle of Wednesday trading session.
The common European currency has been steered mainly by bulls against the Japanese Yen since the pair bounced off the lower boundary of a junior ascending channel April 20.