By the middle of Monday's trading the New Zealand Dollar had revealed additional information regarding its future moves against the US Dollar.
By having only one glance at the hourly chart of the USD/CAD currency exchange rate, it can be observed, that the currency pair is trading in an ascending channel pattern.
EUR/JPY has been trading in a downward-sloping wedge in force since mid-May.
AUD/USD is trading in a descending wedge pattern valid since early February.
The yellow metal traded above a significant level of support on Monday morning, as the commodity price was located above the 1,280 level.
The Buck's attempts to appreciate against the Yen at the end of the previous week were in vain, as downbeat US NFP data caused the given pair to erase all of that week's gains.
Friday ended with the Cable edging moderately higher, amid the disappointment brought by the US NFP data.
After scoring major gains against the US Dollar during the second half of Friday's trading session the common European currency had retreated on Monday morning.
On Friday the New Zealand Dollar managed to surge against the Greenback until it finally encountered a strong enough resistance level to put the ascent of the pair to a stop.
By the middle of Friday's trading session the Greenback had not scored major gains against the Canadian Dollar.
During the morning session, AUD/USD traded within the bounds of the weekly S1 and S2 at 0.7409 and 0.7368, accordingly.
EUR/JPY appreciated in the morning session, being driven by moderate upside risks.
The yellow metal suffered its biggest losses of the week on Friday morning. Once more the commodity price had retreated below the support of the weekly PP, which is located at the 1,261.80 level.
Even though the Greenback outperformed the Yen yesterday, it was still unable to close above the 111.40 mark, but still partially broke through the immediate resistance.
Thursday ended with the Cable remaining flat, despite downside volatility initially prevailing. The 1.29 major level has proven to be a might foe, as the Pound struggled to climb over it through all of the week.
On Friday morning the common European currency traded in the range of the previous trading session against the US Dollar.
By the middle of Thursday's trading session the New Zealand Dollar seemed to have found support against the US Dollar.
By the middle of Thursday's trading session the US Dollar remained unchanged against the Loonie exactly at the 1.35 mark.
AUD/USD is driven by strong downside momentum for the second consecutive day, supposedly being under pressure due to weak fundamentals from China.
The European common currency was trading with low volatility during the morning session, resulting in slight appreciation against the Yen.
The yellow metal has started this trading session with slight losses against the US Dollar.
EUR/USD was trading in a small range below the weekly R1 at 1.12480 since mid-Wednesday.
The USD/JPY pair's behavior fell in line with expectations yesterday, as the exchange rate remained relatively unchanged and no level of significance was pierced.
For the third consecutive day yesterday the British currency was able to avoid losses and outperform the US Dollar, continuously retesting the wedge's support line.