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.
At the middle of Tuesday's trading session the US Dollar was located at the 1.3720 mark against the Canadian Dollar, and it seemed that the currency exchange rate was set for additional gains.
Strong downside pressures have pushed the Aussie through the bottom channel line and the lower Bollinger band at 0.7375 and 0.7364, respectively.
The outcome of the French presidential election interfered with the Euro's six-day gain, closing in the red area yesterday.
During the early hours of Tuesday's trading session the yellow metal's price remained above the 1,225 mark, as the bullion found support in the 100-day SMA.
Not only did the USD/JPY pair manage to recover from its intraday low yesterday, but even establish a new seven-week high of 113.30.
On Monday, the GBP/USD currency pair behaved in accordance with expectations, having edged slightly lower, with the weekly PP limiting the intraday losses
On Tuesday morning the common European currency continued to depreciate against the US Dollar, as the currency exchange rate passed the support of the weekly S1, which is located at the 1.0916 level.
By the middle of Monday's trading session the New Zealand Dollar had surged against the US Dollar, scoring additional gains, compared to Friday's trading.
During the first half of Monday's trading session the Greenback had surged against the Loonie. However, the gains were insignificant, compared with the fall of the second half of Friday's trading session.
Even though the AUD/USD currency pair inched higher on Friday, a close below the 0.74 major level is still expected to occur today.
Friday ended with a sixth consecutive rally of Euro versus the Yen, but with the monthly R1 providing sufficient resistance, thus, limiting the gains.