As predicted, the New Zealand Dollar managed to recover from intraday losses and put the down-trend to the test, stabilising at 0.6713.
After having tested the support line near the 2015 low, the EUR/JPY cross negated most of its intraday losses and closed trade just below the immediate support cluster.
Gold appreciated the most since December 2014 on Thursday, by becoming $60 more expensive in just 24 hours of trading.
The USD/JPY partially recovered from its intraday low of 111.00 on Thursday, as Yellen's remarks dispersed some speculation concerning the Fed's monetary policy.
The Cable took another shot at the monthly PP yesterday and, as a result, retreated from intraday losses, closing at 1.4480.
EUR/USD is now placed near the upper edge of the bullish channel pattern in the daily chart.
On Wednesday the AUD/USD currency pair succeeded in preserving the rising wedge pattern, but was unable to stabilise above the 0.71 level.
The USD/CAD currency pair almost completely erased Tuesday's losses and closed trade above the 55-day SMA yesterday.
The Euro suffered a massive 220-pip loss against the Yen on Wednesday, as demand for safe-haven assets increased.
As was anticipated, the NZD/USD pair broke out of its trading range yesterday and put the second resistance area to the test.
Gold prices soared again on Wednesday, underlying heavy demand for haven assets in time of global economic uncertainty and dovishness of Fed Chair Janet Yellen.
The US Dollar sustained a rather heavy loss against the Japanese Yen yesterday, finding support only closer to the third target level.
Even though the GBP/USD currency pair appreciated on Wednesday, it was unable to retain its position near intraday highs.
EUR/USD was turbulent on Wednesday, with intraday dips prolonging down to the 1.1160 mark.
The bearish trend remained intact, as the Greenback weakened against its Canadian counterpart yesterday, breaching the immediate support.
The Australian Dollar surprised with its performance, as it managed to find support in face of the wedge's lower borders on Tuesday, after having slumped more than 100 pips.
The New Zealand currency experienced rather serious volatility on Tuesday, but ended the day relatively unchanged—in between the 55 and the 100-day SMAs.
The European currency managed to recover from the intraday lows yesterday, following the signals that technical indicators were providing.
The seven-day long rally of the bullion was ultimately limited by the 1,191/93 resistance area, where gold met the October high of the previous year and weekly R1.
The USD/JPY settled in front of the immediate support cluster yesterday, managing to partially recover from the daily low of 114.20.
On Tuesday demand at the immediate support cluster triggered a buying spree of the Cable, causing the pair to recover and stabilise just above the closest resistance level.
Continuous worries about global economy helped the Euro in gaining more strength on Tuesday.
As was anticipated, the NZD/USD currency pair ended trade within the borders of the 55 and the 100-day SMAs yesterday.
The Australian Dollar's rally on Monday was limited by the immediate resistance cluster, which is also likely to turn the table around earlier than anticipated.