On Tuesday, the USD/JPY currency pair touched the 104.75 mark.
Yesterday, the GBP/USD exchange rate failed to exceed the psychological level at 1.3380.
On Tuesday, the EUR/USD currency pair exceeded the weekly R1 at 1.1898.
The New Zealand Dollar soared by 81 points or 1.17% against the US Dollar on Tuesday. The 50– hour simple moving average provided support for the currency pair during yesterday's trading session.
Downside risks dominated the US Dollar against the Canadian Dollar on Tuesday. As a result, the exchange rate plummeted by 95 points or 0.73% during yesterday's trading session.
Australia's Dollar surged by 43 points or 0.59% against the US Dollar on Tuesday. The 50– hour simple moving average provided support for the currency pair during yesterday's trading session.
The common European currency surged by 67 points or 0.54% against the Japanese Yen on Tuesday. The currency pair tested the upper line of an ascending channel pattern at 124.46 during the Asian session on Wednesday.
Yesterday, the XAU/USD exchange rate tumbled to the 1,835.00 level. During Tuesday morning, the rate continued to decline.
On Monday, the USD/JPY currency pair skyrocketed to the 104.60 level and reversed south.
Yesterday, the GBP/USD exchange rate reversed south from the resistance level—the weekly R2 at 1.3402.
On Monday, the EUR/USD currency pair dropped to the weekly S1 at 1.1819 and reversed north.
The New Zealand Dollar has surged by 87 pips or 1.26% against the US Dollar since yesterday's trading session. The currency pair breached the weekly R1 at 0.6968 on Tuesday morning.
The US Dollar soared by 53 pips or 0.41% against the Canadian Dollar on Monday. The surge was stopped by the 200– hour simple moving average during yesterday's trading session.
The Australian Dollar declined by 60 pips or 0.82% against the US Dollar on Monday. The currency pair tested the 200– hour simple moving average at 0.7289 during yesterday's trading session.
The single European currency surged by 73 pips or 0.59% against the Japanese Yen on Monday. A breakout occurred through the upper boundary of a descending channel pattern during yesterday's trading session.
During Monday morning hours, the XAU/USD exchange rate reversed south from the resistance formed by the 100– and 200-hour SMAs near 1,875.00.
Since Friday, the USD/JPY currency pair has been trading sideways in the 103.80 area.
During Monday morning hours, the GBP/USD exchange rate exceeded the weekly R1 at 1.3344.
During Monday morning hours, the EUR/USD currency pair exceeded the weekly R1 at 1.1898.
The New Zealand Dollar edged higher by approximately 40 basis points or 0.69% against the US Dollar on Friday. The 50– hour simple moving average guided the currency pair during Friday's trading session.
The US Dollar surged by 47 points or 0.36% against the Canadian Dollar on Friday. The gains were stopped by the 200– hour SMA at 1.3088 during Friday's session.
The Australian Dollar surged by 44 basis points or 0.61% against the US Dollar on Friday. A breakout occurred through the upper boundary of a descending channel pattern during the Asian session on Monday.
The common European currency declined by 35 basis points or 0.30% against the Japanese Yen on Friday. The decline was stopped by the 50– hour simple moving average during Friday's trading session.
Yesterday, the XAU/USD exchange rate could reverse north from the 1,855.00 level.