Despite rather strong volatility to the downside yesterday, the USD/JPY still managed to remain within the triangle pattern and edged closer to the 120.00 major level.
Fed Yellen's rather hawkish statement helped the US currency to regain some ground, leaving the Cable relatively unchanged on Thursday, as the pair advanced only three pips.
Bulls were successful in pushing the EUR/USD up to 1.13 on Thursday as they managed to breach both monthly pivot point and 50% Fibonacci retracement of the Jul-Aug uptrend.
Even in spite of Fonterra's forecast, the Kiwi failed to appreciate against the US Dollar on Wednesday.
The Loonie suffered from poor Core Retail sales figures, which allowed the Greenback to climb to a fresh ten-year high.
As expected, the Aussie dropped against its US counterpart for the third consecutive day yesterday, ignoring the immediate support and reaching a fresh one-week low.
The Euro found support in face of the weekly S2 on Thursday, which helped the single currency to retake the 134.00 major level against the Yen.
It seems that 20-day SMA managed to provide the bullion with enough bullish momentum on Wednesday.
Although the US Dollar managed to rebound from the trend-line yesterday, gains were limited by the 20-day SMA, rather than the expected cluster near the 121.00 psychological level.
The GBP/USD currency pair behaved according to the forecast, as it pierced the immediate support, but failed to reach the tough cluster around 1.5180.
EUR/USD started to erase losses that occurred during the previous three trading days.
The New Zealand Dollar declined for the second day in a row, even breaching the immediate support at 0.6296.
The USD/CAD added only 24 pips on Tuesday, reaching a one-week high.
On Tuesday the Aussie behaved in accordance with expectations, dropping to the support cluster at 0.7075.
The European currency remained under pressure due to dovish comments from the ECB officials.
Second bearish attempt to send the price of gold below the 2014 low turned to be much more successful.
The Greenback almost managed to negate Monday's gains yesterday, but stabilised between the 20-day SMA and the weekly PP.
The Cable sustained heavy losses on Tuesday, amid poor readings of the UK Public Sector Net Borrowing
EUR/USD failed at the nearest support yesterday, plunging below the 1.1154/39 area.
The New Zealand Dollar declined beyond expectations on Monday, reaching the weekly S1 at 0.6296, but stabilising 0.6326.
The Greenback attempted to reach the weekly PP, but quickly recovered after hawkish Fed officials' statements and renewed hopes of a rate hike this year.
The monthly pivot point not only limited yesterday's upside volatility, but also caused the AUD/USD to slump 63 pips.
The Euro tested the resistance cluster around 136.00 yesterday, but ended the day below the opening price.
Bears attempted to gain control over the market, but they managed to push the price of gold only below the first important support, namely the 50% Fibonacci retracement of Aug-Sep downtrend at 1,134.