On Wednesday morning the common European currency had slightly retreated against the US Dollar, as the currency exchange rate continued to trade above the 1.09 mark.
During the first half of Tuesday's trading session the New Zealand Dollar had surged and met a notable resistance level against the US Dollar.
The US Dollar continue its surge against the Canadian Dollar, as the currency exchange rate marked the eight consecutive trading session of gains.
The Aussie was guided by strong upside momentum on Monday, closing just below the 20 and 100-day SMAs.
Reinforced by solid fundamentals, EUR/JPY managed to overcome the upper wedge boundary that was regarded as a possible turning point on Tuesday.
The yellow metal continued on its path lower on Tuesday morning, as the metal's price was about to reach a strong support cluster near the 1,250 mark.
Although the immediate resistance was not pierced yesterday, the USD/JPY currency pair still took a large step towards reaching the descending channel's upper boundary.
As was anticipated, the GBP/USD currency pair made a U-turn on Monday, falling back under the 1.29 mark.
During the early hours of Tuesday's trading session the common European currency was scoring gains against the US Dollar, as the currency exchange rate passed the 1.09 mark.
Friday ended with the Kiwi weakening against the US Dollar for the fifth consecutive day, but no significant losses were registered.
Ever since the USD/CAD pair touched the ascending channel's support line last month, it has been steadily climbing up.
The Aussie closed with gains on Friday, thus providing the necessary confirmation of a falling wedge pattern.
The European common currency continues to extend its gains for the second consecutive day.
Gold continued the indecisiveness on the daily chart maintaining the overall ranging motion by slipping from the top it had managed to post on Friday.
In spite of a an extremely weak US GDP reading on Friday, the US Dollar managed to outperform the Japanese Yen, adding 27 pips.
Substantially weak US GDP data on Friday allowed the British Pound to take the upper hand and experience another leg up.
EUR/USD opened in the red zone on the daily chart, showing a solid downward movement just after it had opened significantly above Friday's closing price.
The New Zealand Dollar traded in limbo around the monthly S1 at the 0.6870 level against the Greenback.
On Friday, the US Dollar against the Canadian Dollar attempted once more to break through the resistance put up by the monthly R2, which is located at the 1.3643 level.
The first half of today's session was prevailed by bulls, giving signals to a possible U-turn.
EUR/JPY started the first half of this trading day strong, dashing through three resistance levels.
The yellow metal has not moved much since the fall, which was experienced on Tuesday.
Thursday ended with the US Dollar outperforming the Yen, therefore, leaving the 111.00 handle intact.
Downbeat US fundamental data caused the Cable to appreciate again and break out from its consolidation trend yesterday.