The bearish momentum prevailed on Friday, eventually pushing the AUD/USD currency pair below the monthly S2 to 0.6950.
The European currency was unable to climb over the monthly S1 on Friday, which resulted in a retreat closer to the 128.00 level.
Last Friday the precious metal formed a long lower shadow candlestick, meaning the bears failed to hold to daily gains.
Despite a strong reading of the US Non-Farm Payrolls on Friday, the USD/JPY was unable to maintain trade in the green zone.
On Friday the GBP/USD currency pair pierced the 2015 low, falling to a fresh six-year low, amid strong US NFP figures.
EUR/USD created a classical long lower shadow candlestick during the session on Friday.
On Thursday, the Kiwi's volatility stretched beyond the up-trend, but price still managed to settle above the trend-line.
Even though the USD/CAD's volatility stretched beyond the immediate resistance cluster, the pair still stabilised under the monthly R1.
The EUR/JPY managed to end the day with a rally, after having tested the monthly S2 and confirmed the down-trend.
The Australian Dollar suffered a rather sharp loss against its US counterpart for the third consecutive day, falling to the lowest in slightly more than three months.
Gold spent another market session in a confident uptrend, as investors attempted to decrease risks in the wake of equity market selloff.
The USD/JPY approached the up-trend on Thursday, but was unable to maintain trade below it, as the monthly S2 was providing additional support.
The British currency was able to almost completely recover from its daily low yesterday, posting just a 12-pip loss over the day.
Risk-off sentiment, which is currently driving FX and other markets, pushed the Euro considerably to the north against the Greenback on Thursday.
The New Zealand Dollar dropped down to the immediate cluster's lowest level, namely the up-trend, but with the pair stabilising right on top of the monthly S1 at 0.6635.
The USD/CAD reconquered the 2004 high yesterday, due to a boost received from strong ADP Payrolls data.
Upbeat US fundamentals only added to AUD/USD weakness on Wednesday, causing the up-trend to get pierced, with trade closing only at 0.7071.
The European currency was able to partially recover from intraday losses yesterday, after it dropped as low as 127.00 against the JPY.
A rally for the bullion is taking place for a fourth consecutive day on Thursday.
Even a positive reading of the employment data Tuesday was insufficient to help the USD/JPY recover.
A much stronger-than-anticipated ADP data on Tuesday contributed to the Cable's weakness that day, pushing the pair to retest the 1.46 level.
After FOMC meeting minutes said that a rate hike decision was "a close call", market participants decided to sell the Dollar on Wednesday.
Upon reaching the 55-day SMA yesterday, the NZD/USD currency pair bounced back and closed trade slightly above the 0.67 psychological level.
As was anticipated, the weekly R2 prevented the USD/CAD from retaking the 2004 high yesterday.