On Friday, the EUR/USD currency pair re-tested the psychological level at 1.1220. During today's morning, the pair breached the medium-term descending channel north.
The New Zealand Dollar has surged by 60 basis points or 0.92% against the US Dollar since Friday's trading session. The currency pair was guided up by the 50– hour simple moving average.
The US Dollar has declined by 58 basis points or 0.43% against the Canadian Dollar since Friday's trading session. The currency pair was pressured lower by the 50– hour simple moving average.
The Australian Dollar has surged by 63 basis points or 0.91% against the US Dollar since Friday's trading session. The currency pair tested the weekly resistance level at 0.6978 on Monday morning.
The common European currency has surged by 98 basis points or 0.81% against the Japanese Yen since Friday's trading session. The currency pair tested the monthly support level at 121.65 on Monday morning.
Yesterday, the XAU/USD exchange rate re-tested the 1,760.00 level. During Friday morning, the rate was testing the support formed by the 55– and 100-hour SMAs near 1,775.00.
On Thursday, the USD/JPY currency pair traded sideways around the 107.50 level. During today's morning, the pair maintained its consolidation.
Yesterday, the GBP/USD exchange rate revealed corrected medium-term descending channel. During Friday morning, the rate was testing the 55-hour SMA near 1.2460.
On Thursday, the EUR/USD currency pair declined to the 1.1230 level. During today's morning, the pair was testing the given mark.
The New Zealand Dollar declined by 25 points or 0.38% against the US Dollar on Thursday. The decline was stopped by the weekly support level at 0.6507 during yesterday's trading session.
The US Dollar declined by 46 points or 0.34% against the Canadian Dollar on Thursday. The currency pair tested the lower boundary of an ascending channel pattern at 1.3563 during yesterday's trading session.
The Australian Dollar declined by 38 points or 0.55% against the US Dollar on Thursday. The decline was stopped by the 50– hour simple moving average during yesterday's trading session.
The Eurozone single currency has declined by 65 points or 0.53% against the Japanese Yen since yesterday's trading session. The currency pair breached the 50– and 100– hour SMAs on Thursday.
Yesterday, the XAU/USD exchange rate pierced the lower line of the medium-term ascending channel. During Thursday morning, the rate was testing the 55– and 100-hour SMAs in the 1,773.00 area.
On Wednesday, the USD/JPY currency pair declined to the 107.40 level. During today's morning, the pair consolidated at the given level.
Yesterday, the GBP/USD exchange rate breached the medium-term descending channel north. During Thursday morning, the rate exceeded the 1.2500 level.
On Wednesday, the EUR/USD currency pair reversed north from the Fibo 38.20% at 1.1200. During today's morning, the pair pierced the upper line of a medium-term descending channel.
The New Zealand Dollar has surged by 63 pips or 0.98% against the US Dollar since Wednesday's trading session. The weekly pivot point at 0.6444 provided support for the exchange rate on Wednesday.
The US Dollar has surged by 53 pips or 0.39% against the Canadian Dollar since yesterday's trading session. The currency pair tested a resistance cluster formed by the 50– and 200– hour SMAs at 1.3605 on Thursday morning.
The Australian Dollar surged by 44 pips or 0.65% against the US Dollar on Wednesday. The currency pair tested the 0.6940 level during yesterday's trading session.
During the first part of Wednesday's trading session, the common European currency declined by 102 pips against the Japanese Yen. But, the currency pair recovered some of the lost points by the end of the trading day.
Upside risks have dominated the New Zealand Dollar against the US Dollar since yesterday's trading session. The NZD/USD pair surged by 75 basis points or 1.17% during the last 24 hours.
Yesterday, the XAU/USD exchange rate jumped to the 1,785.00 level. During Wednesday morning, the rate was trading near the given mark.
On Tuesday, the USD/JPY currency pair failed to exceed the 108.00 level. During today's morning, the pair declined below 107.60.