After rising above the 200-day SMA yesterday, the yellow metal attempted to jump even higher, by violating the weekly R3 at 1,221.
Despite expectations, the US Dollar managed to appreciate against the Yen yesterday.
Yet again the Sterling underperformed, but still managed to edge up against the US Dollar.
By piercing through the weekly R1 at 1.1373, the EUR/USD currency pair has approached the long-term downtrend line, which has been active since May of the previous year.
Although the NZD/USD pair's volatility stretched out to 0.7363, ultimately, the NZ Dollar spiked substantially.
The USD/CAD currency pair declined yesterday, making half way to the 1.19 level.
On Wednesday, the Aussie skyrocketed against the US Dollar, reaching the highest level in almost four months.
The Euro managed to climb for another day on Wednesday, as it went over the 135 level.
As a reaction to disappointing US fundamentals, the precious metal grew noticeably on Wednesday, by registering its fastest daily gain in almost three weeks.
On Wednesday, the US Dollar suffered heavy losses against the Yen.
The Cable climbed up the ladder for the third consecutive day this week.
EUR/USD climbed significantly on Wednesday, reflecting continuous US Dollar's weakness.
The NZD/USD pair overperformed, as the NZ Dollar managed to almost erase Monday's losses completely.
The Greenback behaved according to expectations, as it plunged against the Canadian Dollar.
The Australian Dollar appreciated against the Greenback on Tuesday.
On Tuesday, the EUR/JPY cross managed to rebound, but with the weekly PP limiting the gains.
Gold has been trading broadly around the dense cluster of technical levels at 1,190 for the past seven days.
Yet again week US fundamentals weighed on the Greenback, forcing it to fall against the Yen.
On Tuesday, the Sterling appreciated against the US Dollar again and established a new 2015 high.
From the first attempt, the single European currency failed to penetrate an important resistance area above 1.12.
On Monday, the Kiwi suffered heavy losses against the US Dollar.
The US Dollar appreciated against its Canadian counterpart, although not as much as we hoped for.
The AUD/USD currency pair edged down yesterday, as was anticipated.
On Monday, the Euro behaved according to expectations, as it edged down, despite highly bullish technical studies.