Last Friday, the US Dollar experienced a decline, falling in line with the forecast
Despite the expectations, the Cable crossed the 1.47 level at the end of the last week.
For a fifth consecutive day, the Euro plunged in its value on Friday of last week.
On Thursday, the NZD/USD pair climbed a little up, but was still unable to negate the losses suffered at the beginning of the week.
Yesterday's performance of USD/CAD was counterintuitive, taking into account worse-than-expected fundamentals from Canada.
The AUD/USD pair experienced a third day of losses yesterday.
The Euro declined against the Yen for the fourth consecutive day.
As expected, the yellow metal slipped for a third day in a row and approached the support zone just below 1,200.
The Greenback keeps surprising with its performance, as USD/JPY unexpectedly edged up yesterday.
In contradiction to the forecast the currency pair plunged.
Eventually, EUR/USD dropped below one of the strongest support levels yesterday, which is represented by 2003 low at 1.0759.
The New Zealand Dollar regained upward momentum on Wednesday. In accordance with the forecast, NZD/USD breached the first two resistance levels, but lacked the strength to reach 0.76.
USD/CAD rallied on Wednesday, in spite of the expectations. At first the Greenback fell as far as 1.24, although a sudden change of heart happened amid the hawkish meeting minutes, and the pair rose.
As expected, the Aussie appreciated against the Greenback yesterday, despite the presence of some bearish signs.
Yesterday, the EUR/JPY currency pair edged down for the third day, successfully breaching the support cluster around 130.
It seems that three strong resistance levels came together in order to push Gold to the downside.
USD/JPY fell down yesterday, but not as hard as expected.
Despite the expectations, the currency pair edged up on Wednesday.
On Wednesday, EUR/USD has mostly hovered just in between two important technical levels, including monthly PP and weekly S1.
No surprises concerning NZD/USD pair occurred yesterday. The US Dollar outperformed its New Zealand counterpart, and the rate dropped to 0.7504, just four pips above the forecast.
The currency pair confirmed the forecast, as it edged up on Tuesday; however, the gains were relatively small, only 26 pips.
The Aussie rebounded yesterday, as was expected. The pair tested the resistance cluster around 0.7705, but lacked the strength to breach it.
On Tuesday, the EUR/JPY cross edged down, but encountered a support cluster around 130.10.
On Tuesday, the bullion remained broadly unchanged in its price for the second consecutive day.