The US Dollar has declined by 147 basis points or 1.08 against the Canadian Dollar since yesterday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern on Tuesday.
Yesterday, the GBP/USD exchange rate jumped to the resistance formed by the weekly PP and the 200-hour SMA near 1.2400. During Wednesday morning, the rate was testing the given resistance.
On Tuesday, the EUR/USD currency pair failed to decline below the support level—the Fibo 38.20% at 1.1200.
The Australian Dollar surged by 64 basis points or 0.92% against the US Dollar on Tuesday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.
The single European currency surged by 71 basis points or 0.59% against the Japanese Yen on Tuesday. The currency pair tested the 121.40 level during yesterday's trading session.
Yesterday, the XAU/USD exchange rate tried to exceed the monthly R1 at 1,773.62. During Tuesday morning, the continued to test the given resistance.
On Monday, the USD/JPY currency pair raised to the weekly R1 at 107.78. During today's morning, the pair was testing the given resistance level.
Yesterday, the GBP/USD exchange rate tested the support level—the weekly S1 at 1.2254. During Tuesday morning, the rate was trading near the given level.
On Monday, the EUR/USD currency pair failed to exceed the 1.1280 level. During today's morning, the pair declined below 1.1220.
The New Zealand Dollar surged by 38 points or 0.58% against the US Dollar during the first half of Monday's trading session. However, after the exchange tested the resistance cluster at 0.6438, the pair began to decline.
The US Dollar declined by 47 points or 0.35% against the Canadian Dollar on Monday. The currency pair tested the lower boundary of an ascending channel pattern during yesterday's trading session.
The Australian Dollar declined by 43 points or 0.63% against the US Dollar on Monday. The decline began after the currency pair tested the resistance cluster at 0.6884 during the previous session.
The common European currency surged by 80 points or 0.67% against the Japanese Yen on Monday. The currency pair tested the weekly resistance level at 121.13 during yesterday's trading session.
On Friday, the XAU/USD exchange rate re-tested the lower boundary of the medium-term ascending channel. During today's morning, the rate was testing the monthly R1 at 1,773.62.
At the end of last week, the USD/JPY currency pair tested the monthly PP at 107.33. During today's morning, the pair was trading near the given resistance.
Last week, the GBP/USD exchange rate revealed a medium-term descending channel. During Monday morning, the rate pierced the monthly PP at 1.2346.
On Friday, the EUR/USD currency pair consolidated in the 1.1220 area. During today's morning, the pair was testing the 100-hour SMA near 1.1260.
The New Zealand Dollar declined by 48 pips or 0.75% against the US Dollar on Friday. The currency pair was pressured lower by the 200– hour simple moving average.
The US Dollar declined by 61 pips or 0.44% against the Canadian Dollar on Friday. The currency pair tested the 50– hour simple moving average at 1.3651 on Monday morning.
The Australian Dollar declined by 48 pips or 0.69% against the US Dollar on Friday. The currency pair was pressured lower by the 200– hour simple moving average during Friday's trading session.
The common European currency has surged by 72 pips or 0.60% against the Japanese Yen since Friday's trading session. A breakout occurred through the upper boundary of a descending channel pattern on Monday morning.
Yesterday, the XAU/USD exchange rate traded sideways in the 1,760.00 area. During Friday morning, the rate maintained its consolidation.
On Thursday, the USD/JPY currency pair consolidated at 107.20. During today's morning, the pair was testing the Fibo 38.20% at 106.86.
Yesterday, the GBP/USD exchange rate traded sideways in the 1.2420 area. During Friday morning, the rate maintained its consolidation.