The European currency managed to pierce the immediate resistance yesterday, but failed to reach the second target, namely the 55-day SMA.
The bullion ticked down in course of the trading session on Tuesday, after posting a confident rally on Friday and Monday.
Although the USD/JPY declined on Tuesday, the immediate support in face of the monthly S1 was able to hold the losses.
The Cable ignored rather weak US fundamentals yesterday, as bears took over the market after the UK Public Sector Borrowing results were published.
Another bullish trading session was registered by the most traded FX cross on Tuesday.
As technical studies suggested, the New Zealand Dollar extended its Friday's rally.
The American Dollar posted gains against its Canadian counterpart for another day on Monday, but volatility was still caged within the borders of the monthly R3 and the 2004 high.
The AUD/USD surprised with its performance yesterday, as it posted partially pierced through the immediate resistance cluster.
The European currency behaved in accordance with expectations on Monday, as the rally against the Yen was limited by the cluster around 132.30.
A rally, which commenced last Friday, has been successfully prolonged during the past 24 hours.
The US Dollar retreated from intraday gains on Monday, as an unexpected sell-off pushed the currency below the immediate support.
The Sterling failed to rebound yesterday, as it dropped below the 1.49 level and reconfirmed the falling wedge pattern's lower trend-line.
EUR/USD performed in a confident up-trend on Monday, although the day brought very few fundamental drivers.
There were no surprises in the NZD/USD's performance on Friday, with the pair stabilising at 0.6725, without even touching the nearest resistance in face of the monthly R1.
The USD/CAD was rather volatile at the end of last week, as the 2004 high was touched; however, the pair was unable to retake the level, as was anticipated.
The Aussie slightly overperformed on Friday, as its volatility reached the 0.72 major level against the Buck and trade closed at 0.7170.
The EUR/JPY behaved in accordance with the forecast on Friday, as it stabilised under the 132.00 major level, namely at 131.64.
Despite booking a weekly loss, the bullion managed to regain most of a Thursday's sell-off and grew back in the direction of 1,070.
The tough cluster around 121.60 was unsuccessful at holding the losses last Friday, resulting in a slump to 121.14.
Even though the Cable failed to rebound on Friday, losses were still limited by the pattern's support line.
The closest support represented by this year's July low at 1.0808 managed to cap a sell-off for the second consecutive day on Friday.
Being a commodity-based currency, the New Zealand Dollar suffered from falling oil prices yesterday and declined more than anticipated.
The USD/CAD currency pair took advantage of slumping oil prices yesterday and made another step closer to the 2004 high, piercing the immediate tough resistance cluster.
The market woke up on Thursday, fully taking into account the Fed's monetary policy decision and, along with plunging oil prices, causing the AUD/USD to fall down the second support cluster around 0.7125.