By the middle of Friday's trading session the US Dollar made an attempt to reach the resistance at 1.3752 against the Canadian Dollar, and it failed.
On Thursday, the Aussie ended its second consecutive day with gains, confirming the validity of the downward-sloping channel.
As apparent on the hourly chart, the pair have been trading in the 123.59/124.41 range since Monday.
On Friday morning the yellow metal's price moved higher, as it was attempting to break the resistance, which is put up by the 100-day SMA.
Despite strong second class US fundamentals yesterday, the Greenback failed to outperform the Yen, due to a drop in yields and stocks.
The GBP/USD currency pair underwent another decline on Thursday, driven mostly by weak fundamental data from the UK.
After touching the 1.0840 mark on Thursday the EUR/USD currency exchange rate began a surge, which lasted into the morning hours of Friday's trading.
The Kiwi has fallen as a brick due to comments made by the Governor of the Reserve Bank of New Zealand Wheeler.
By the middle of Thursday's trading session the Loonie had suffered major losses against the US Dollar, as the USD/CAD currency exchange rate had broken past two weekly resistance levels.
During Wednesday's trading session, AUD/USD managed to retain its upward momentum and close at the 0.7369 mark.
Contrary to bearish expectations, traders concluded the Wednesday's trading session with gains.
Due to fundamental events in the US the price of the yellow metal remained above the 1,220 mark on Thursday morning.
The USD/JPY currency pair surprised with its performance once again, having breached the immediate resistance, thus, stabilizing above 114.00.
The Cable remained completely flat on Wednesday, although some upside volatility was registered.
On Thursday morning the common European currency traded between the 1.0860 and 1.0880 levels against the US Dollar.
During the first half of Wednesday's trading session the New Zealand Dollar scored gains against the US Dollar.
By the middle of Wednesday's trading session the Greenback had retreated against the Canadian Dollar down to the weekly PP, which is located at the 1.3695 mark.
AUD/USD has managed to make a U-turn in this session, finding support at the crossovers of the lower Bollinger band, the weekly S2 and the bottom channel line at 0.7344.
The monthly R1 at 124.07 has stopped the Euro from appreciating on two occasions in the past four trading days, demonstrating that the weakened bulls have set the pair for a minor motion sideways, contrary to the strong move north in force since mid-April.
Although the yellow metal had passed the support cluster near the 1,220 mark on Tuesday, it traded back above it on Wednesday morning.
The US Dollar outperformed the Japanese Yen for another day yesterday, adding more than 70 pips, but still unable to close above the 114.00 mark.
The market was indecisive on Tuesday due to lack of strong movers.
On Wednesday morning the common European currency was regaining some of its losses against the US Dollar, as the currency exchange rate traded just below the 1.09 mark.
As it was forecasted, the New Zealand Dollar did not manage to break the resistance put up by the 20-day SMA against the US Dollar near the 0.6950 level.