The previously described situation on Tuesday, January 30 did not come into reality. The strong support level was passed, and the USD/CAD keeps moving south.
The AUD/USD pair continues to be maintaining its movements in the previously described ascending channel.
The common European currency continues its bullish path
Even though the yellow metal managed to shoot up during the first half of Tuesday, the combined resistance of the 55-hour SMA, the weekly PP and the bottom boundary of the breached two-month channel up proved to be an unbreakable barrier which sent the pair down to 1,336.80.
USD/JPY has remained steady for the last three trading sessions.
Upside risks prevailed in the market on Tuesday, thus allowing GBP/USD to end the session with a 74-pip advance.
EUR/USD spent the Tuesday morning in between the bounds of the 100– and 200-hour SMAs.
Following a period of decline, the NZD/USD pair had managed to regain some of it lost points by the middle of Tuesday's trading session.
The decline of the US Dollar against other major currencies continues.
The Aussie continues its smooth journey in the ascending channel.
The common European currency has managed to regain some of its losses during the early hours of Tuesday's trading session.
The yellow metal has maintained its gradual movement southwards as of mid-Friday.
Following a strong period of decline during the previous sessions, the US Dollar managed to regain some of its lost positions on Monday.
The British Pound continues to depreciate against the US Dollar for the second consecutive session.
As previously expected, the notable resistance of the 55-hour SMA and the monthly R3 circa 1.2436 stopped any attempts for the common European currency to strengthen against the Greenback within the last session.
The New Zealand Dollar continued to decline against the US Dollar since it touched the resistance level at 0.7440 on Wednesday at 22:00 GMT.
The decline continues for the US Dollar against other major currencies, the Canadian Dollar is no exception.
The Australian Dollar continues to be gaining strength against the US Dollar.
The common European currency lost strength against the Japanese Yen by the middle of Friday's trading session. The pair was pushed back to the south by the weekly PPs resistance at 136.33.
Gold remained stable against the Greenback on Friday, as the notable resistance of the 55-hour moving average and the monthly R2 limited the pair's appreciation above the 1,355.00 mark.
After rebounding from the lower boundary of a breached four-month channel down early on Friday, the US Dollar was guided by the 55-hour SMA until a strong hourly plunge around 1400GMT pushed the rate towards the bottom boundary of a six-week channel.
Similarly to other major currencies, the Pound retrieved from its recent highs against the US Dollar and edged lower on Friday.
Despite trying to accelerate against the US Dollar early on Friday, the common European currency failed to overcome the psychological 1.25 mark.
The New Zealand Dollar continued to lose strength against the US Dollar since it touched the resistance level at 0.7440 on Wednesday at 22:00 GMT.