During the first half of Friday's trading session the Greenback retreated against the Loonie.
During the early hours of today's trading session, AUD/USD was trading below the 100-day SMA.
Not being able to overcome the resistance cluster formed by the weekly R1 and the monthly S1 circa 117.22, EUR/JPY tumbled during the first hours of today's trading session.
During the early hours of Friday's trading session the yellow metal continued to trade above the 61.80% Fibonacci retracement level, which is located at the 1,278.73 level.
The Buck strengthened on Thursday, adding just under 50 pips against the Yen, thus, prolonging the descending channel pattern.
A failure to edge lower on Thursday suggested that the Cable has entered a period of consolidation and is likely to remain within its current trading range today, namely between 1.2750 and 1.29.
On Friday morning the common European currency against the US Dollar traded once more below the weekly R2, which is located at the 1.0729 level.
During the first half of Thursday's trading session the New Zealand Dollar fluctuated against the Greenback in the range of two previous trading sessions.
By the middle of Thursday's trading session the US Dollar remained almost unchanged against the Canadian Dollar.
Following its massive plunge on Wednesday, the Aussie found support at the monthly S1.
EUR/JPY retraced back from the bottom boundary of a longer-term broadening wedge on Monday, suggesting that bulls may prevail for the remaining trading week.
As forecasted before the yellow metal has retreated to the support of the 61.80% Fibonacci retracement level, above which it remained on Thursday morning.
The US Dollar managed to appreciate against the Yen on Wednesday, with the monthly S1 limiting upside volatility.
As was anticipated, the GBP/USD currency pair underwent a correction on Wednesday, passing through only the immediate support, namely the weekly R3.
On Thursday morning the common European currency against the Greenback remained below the second weekly resistance, which stopped the pair's Tuesday's jump.
By the middle of Wednesday's trading session the New Zealand Dollar against the Greenback had encountered the resistance put up by the weekly R1 at 0.7051 and fallen down to the 0.7010 mark.
During the first half of Wednesday's trading session the Greenback broke another significant resistance level against the Canadian Dollar.
Bears are prevailing is this trading session as well, pushing the pair through the 200-day and 100-day SMAs.
EUR/JPY continues to trade in a minor upward channel in the hourly chart, showing some upside potential until its boundary circa 117.20, at least.
UK Prime Minister May's surprise announcement on Wednesday lifted the Sterling, allowing it to gain more than 270 pips against the US Dollar.
On Wednesday morning the yellow metal's price was in a retreat just below the 1,290 mark, where the commodity price has been since the higher opening of Monday's trading session.
The Greenback was unable to outperform the Japanese currency yesterday, which resulted in a failure to preserve the descending channel pattern.
The common European currency has reached the resistance put up by the weekly R2 at 1.0729 against the US Dollar.
On Tuesday the New Zealand Dollar traded against the US Dollar between two levels of significance above the 0.70 level.