Unlike the 55-day SMA, the weekly R1 failed to contain the Cable, which resulted in a surge last Friday.
EUR/USD started suffering losses after reaching Jul high at 1.1216 earlier last week.
On Thursday, the Kiwi tested the monthly PP once again, which forced the NZD/USD to sustain losses and almost completely negate Wednesday's losses as well.
The US currency behaved in accordance with the forecast yesterday, as the USD/CAD pair's gains were limited by the resistance cluster around 1.3060.
The AUD/USD currency pair surprised with its performance on Thursday, as it declined a lot less than anticipated.
Although the EUR/JPY declined towards the support cluster around 138.15, the pair was then pushed back up, which ultimately resulted in a rally.
Gold declined on Thursday, as worries over China's Yuan further devaluation calmed down among market participants.
Even though the USD/JPY advanced on Thursday, the weekly pivot point limited those gains at 124.40.
The Cable failed to negate the previous week's losses, as it appreciated less than anticipated.
EUR/USD is faltering below the 200-day SMA for a third consecutive day on Friday, while yesterday the pair failed to penetrate this level.
The NZD/USD currency pair experienced substantial volatility yesterday, but still managed to edge higher.
The USD/CAD declined on Wednesday more than anticipated, as the pair breached the 1.30 major level and found support only at 1.2971, namely the weekly S2.
The Aussie negated more than half of Tuesday's losses yesterday, breaching the two immediate resistances.
On Wednesday, the European currency advanced against the Japanese Yen, with gains limited by the resistance at 138.70, namely the weekly R3.
Uncertainty that is being created by decisions of the PBOC is increasing demand for safe-haven assets.
The US Dollar sustained heavy losses on Wednesday, even reaching the previous week's low of 123.80.
The GBP/USD currency pair surprised with its performance on Wednesday, as it rebounded after reaching a daily low of 1.5534.
EUR/USD surged the most since Jul 29 on fears the Fed may not hike rates in September.
Upon reaching the third support in face of the weekly S1 yesterday, the Kiwi jumped slightly back up and stabilised at 0.6550, just ten pips off the predicted target.
The US Dollar outperformed the Loonie yesterday and even tested the weekly PP again.
The Australian Dollar behaved according to the forecast, as it declined on Tuesday.
Although the Euro managed to advance against the Yen yesterday, gains were still 20 pips smaller than on Monday.
Both long and short traders were attempting to lead the gold market in course of yesterday; however, these intentions resulted in failure and eventual stand-off, as the bullion closed just below the weekly R2 at 1,108, some three dollars above the previous day's closing price.
The Greenback appreciated against the Japanese Yen for the second time yesterday, reaching a fresh nine-week high.