The commodity currency, namely the Aussie, managed to prolong the ascending channel pattern yesterday, but risks breaking it to the downside today.
The EUR/JPY pair experienced a technical correction on Monday, which helped the cross to close trade above 120.00.
The yellow metal lost value during the early hours of Tuesday's trading session, as the bullion was in a retreat after failing to break the resistance put up by the monthly R1 at 1,237.68 during Monday's trading session.
The overall picture did not change on Monday, as the USD/JPY pair keeps consolidating between 111.50 and 115.00.
The GBP/USD pair erased most of Friday's losses yesterday, successfully climbing over the 1.2450 level, thus, breaching the immediate resistance area.
The common European currency depreciated on Tuesday morning against the US Dollar, as the currency exchange rate passed the combined support of the weekly PP at 1.0604 and the 55-day SMA at 1.0597.
During the first half of Monday's trading session the New Zealand Dollar struggled to find support against the US Dollar, as the currency exchange rate was being pressured lower by the upper trend line of the recently discovered descending channel pattern.
The US Dollar managed to slightly surge against the Canadian Dollar by the middle of Monday's trading session, and the appreciation of the Buck against the Loonie seemed unlikely to stop soon.
The Aussie has been appreciating against the US Dollar since the beginning of the year, but the pair formed an ascending channel pattern only in mid-January.
A spark of demand for safe-haven currencies on Friday caused the given cross to almost completely erase all gains for the past two weeks.
The yellow metal remained almost unchanged during the early hours of Monday's trading session, as the bullion's price stayed near the 1,235 mark.
The USD/JPY currency pair followed a less positive for th
The Cable edged lower on Friday, with the psychological support around 1.2460/40 failing to limit the losses, but the demand cluster circa 1.2420 succeeding.
The common European currency had retreated to the 1.06 level against the US Dollar on Monday morning.
The EUR/JPY cross remained relatively unchanged for another day yesterday, slightly edging lower.
As forecasted previously, the New Zealand Dollar showed its weakness against the Greenback in the last 24 hours.
The Greenback remained just below the 1.31 level against the Canadian Dollar during the first half of Friday's trading session.
The Australian Dollar failed to appreciate against the American counterpart on Thursday, having experienced a 17-pip loss.
The yellow metal traded rather flat on Friday morning, as it found support in the monthly R1, which is located at 1,237.68.
The US Dollar failed to outperform the Japanese Yen on Thursday, despite upbeat US fundamentals.
As was anticipated, the GBP/USD pair was able to reach the 20-day SMA on Thursday, however, was unable to maintain trade at its level, ultimately retreating and closing with a 28-pip rally.
After unexpectedly jumping during the second half of Thursday's trading session, the common European currency consolidated its position against the US Dollar on Friday morning.
During the first half of Thursday's trading session Kiwi managed to score additional gains against the US Dollar, as the rate managed to touch the 0.7244 level during that time.
The US Dollar was in the previously forecasted retreat against the Canadian Dollar during the middle of Thursday's trading session.