The Australian Dollar managed to close above the weekly R1 on Thursday, suggesting that more bullish momentum could now follow.
For the fourth consecutive day yesterday the Euro appreciated against the Japanese Yen, but was unable to climb over the immediate resistance in face of the weekly R3.
The US Dollar succeeded in outperforming the Japanese Yen for another day on Thursday, having retaken the 105.00 major level.
Yesterday the BoE unexpectedly left its interest rate unchanged, thus, boosting the British currency.
The yellow metal fell during this week, as it declined from Monday's height of 1,367.64 and touched the support at 1,319.10 on Thursday.
Fully ignoring all aggregate technical indicators, which kept forecasting a decline, the Euro has been appreciating against the US Dollar the whole week, as it starts Friday's session with more gains against the Buck.
The US Dollar marked second consecutive session of losses against the Canadian Dollar on Wednesday, as the currency exchange rate ended day's trading session at 1.2979.
The Aussie experienced another small setback on Wednesday, but with the current eight-week bullish trend remaining intact.
As the Kiwi was bouncing back and forth this week against the US Dollar, no clear direction could be determined for the currency exchange rate.
The EUR/JPY cross remained almost completely flat on Wednesday, but with the immediate resistance area still failing to keep the pair at bay.
Neither the immediate resistance nor the support areas were pierced yesterday, with the Greenback ultimately remaining relatively unchanged against the Yen.
The British Pound weakened against the US Dollar on Wednesday, ultimately closing with a 99-pip loss over the day, but without the immediate support area being reached.
After falling on Tuesday, the yellow metal rebounded on Wednesday, as, after reaching the weekly low level of 1,331.66, the metal surged to 1,342.44, where it met with resistance put up by the weekly S1 exactly at that point.
The Euro surged marked a session of gains against the US Dollar on Wednesday, as the currency exchange rate increased from 1.1059 at the start of day's trading to 1.1090 at the end of the day.
The US Dollar on Monday reached since May unseen heights against the Canadian Dollar, as the currency exchange rate closed the day's trading session at 1.3119.
With rising oil prices the Aussie managed to post solid gains against its US counterpart on Tuesday, not only successfully retaking the 0.76 level, but with trade also closing at the highest in ten weeks.
The NZD/USD pair has been bouncing up and down this week, as the pair reached new heights on Friday, dropped on Monday, regained the height on Tuesday, and it is once again falling in the middle of Wednesday.
Another day of a weaker Yen caused the given cross to surge more than 200 pips, with resistance being met just under the 116.00 major level in face of the weekly R2 and the monthly PP.
The yellow metal marked its second consecutive session of losses on Tuesday, as it fell from 1,355.19 at the start of day's trading to 1,331.66 at the end of Tuesday's trading.
The Sterling almost fully erased previous week's losses yesterday, but the second resistance level, namely the weekly R1, limited the gains.
The Euro against the US Dollar pair was volatile during Tuesday's session, as midday it jumped above the resistance cluster made up of weekly PP at 1.1079 and 200-day SMA at 1.1090.
The USD/JPY currency pair continued to appreciate on Tuesday, easily piercing the second resistance area and even putting the third level to the test.
The New Zealand Dollar lost all Friday's gains on Monday, as it fell from 0.7306 to 0.7220 during Monday's trading session.
Even though the Antipodean currency experienced a slight setback yesterday, the bullish momentum was regained earlier today, due to higher Australian business optimism and higher oil prices.