Another day ended with the Canadian Dollar posting gains against the US counterpart yesterday, with the immediate support cluster managing to limit the losses.
The AUD/USD currency pair remained within the borders of the weekly and the monthly PPs yesterday, having experienced another small decline.
The European single currency failed to post gains against the Japanese Yen on Thursday, as risk-aversion mood suddenly emerged.
Gold opened Friday's session facing the established level of significance at 1,169.10 which leaves little to the broken upper trend-line of the monthly channel.
The US Dollar surprised with its performance on Thursday, as it inched higher against the Japanese Yen unexpectedly.
For the third consecutive day the Sterling declined against the American Dollar on Thursday, despite initial signs suggesting a rally.
After posting a 2.5% red candle on Thursday, EUR/USD opened non-volatile and slightly reddish.
The RBNZ Governor's statement strengthened the New Zealand Dollar yesterday, allowing it to add 47 pips against the Greenback.
The Loonie strengthened against its US counterpart yesterday, completely ignoring the immediate support cluster.
The AUD/USD currency pair surprised with its performance on Wednesday, as it completely recovered from its intraday low and even erased Tuesday's losses.
Since the EUR/JPY cross failed to climb over the weekly R1 and remained relatively unchanged on Wednesday, there are doubts the given pair can successfully breach this level today.
After respecting the 1,169.10 area for three consecutive sessions, the Bullion opened green with a takeoff from the month-long channel upper boundary.
The immediate support cluster, represented by the 23.60% Fibo and the weekly PP, managed to limit the losses on Wednesday, thus, keeping the Cable above the 1.26 mark.
EUR/USD opened in line with the senior channel expectations, targeting the upper trend-line at 1.0795 with a red candle.
In spite of all bullish signs, the Greenback failed to edge higher against the Japanese Yen yesterday, as the 23.60% Fibo provide to be too strong to pierce.
The New Zealand Dollar was unable to climb over the monthly pivot point for the third consecutive time on Tuesday, resulting in a 24-pip loss against the US currency.
As was anticipated, the American Dollar touched the immediate resistance area around 1.3313 yesterday, but was unable to keep outperforming the Canadian counterpart.
The AUD/USD currency pair remained relatively unchanged on Tuesday, with falling oil prices weighing on the commodity currency.
The European single currency weakened against the Japanese Yen, bouncing back from what appears to be a newly-emerged channel's resistance line.
Following a completely non-volatile session, gold opened slightly reddish, and line with the channel down pattern on the hourly chart.
The USD/JPY remained relatively unchanged on Tuesday, although a surge beyond the 23.60% Fibonacci Retracement was still successful.
The British currency slid back under 1.27 on Tuesday, after having appreciated against the US Dollar for five consecutive sessions.
The Euro opened green against the US Dollar Wednesday morning, after re-entering the channel on the hourly chart, but failing to dive underneath the January low of 1.0709.
The NZD/USD currency pair surprised with its performance on Monday, having unexpectedly recovered from its intraday low and posted a five-pip gain.