The single European currency is currently trading in a descending channel pattern against the Japanese Yen. The currency pair has declined by 139 basis points or 1.14% since Friday's trading session.
Yesterday, the XAU/USD exchange rate traded sideways around the 1,730.00 level. During Friday morning, the rate maintained its consolidation.
On Thursday, the USD/JPY currency pair tested the support from the weekly S2 and the monthly S1 at 106.50. During today's morning, the pair reversed north.
Yesterday, the GBP/USD exchange rate dropped to the 1.2550 level. During Friday morning, the rate was testing the resistance level formed by the 200-hour SMA and the Fibo 61.80% at 1.2646.
On Thursday, the EUR/USD currency pair revealed a short-term ascending channel. During today's morning, the pair reversed north from the upper channel line.
The New Zealand Dollar declined by 128 pips or 1.96% against the US Dollar on Thursday. The currency pair breached the lower boundary of an ascending channel pattern during yesterday's trading session.
The US Dollar surged by 248 pips or 1.85% against the Canadian Dollar on Thursday. The USD/CAD currency pair breached the 1.3650 level during yesterday's trading session.
The Australian Dollar declined by 163 pips or 2.33% against the US Dollar on Thursday. The currency pair tested the lower boundary of an ascending channel pattern at 0.6827 during Thursday's trading session.
The common European currency declined by 117 pips or 0.96% against the Japanese Yen on Thursday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
Yesterday, the XAU/USD exchange rate raised to the 1,740.00 level. During Thursday morning, the rate was trading near the given level.
On Wednesday, the USD/JPY currency pair declined to the Fibo 38.20% at 106.86. During today's morning, the pair was testing the given level.
Yesterday, the GBP/USD exchange rate revealed a short-term ascending channel. During Thursday morning, the rate reversed north from the lower channel line.
On Wednesday, the EUR/USD currency pair pierced the monthly R2 at 1.1385. During today's morning, the pair was trading near the given level.
The New Zealand Dollar has declined by 95 points or 1.45% against the US Dollar on since Wednesday's trading session. The 50– hour SMA pressured the currency pair lower on Wednesday.
The US Dollar has surged by 158 points or 1.19% against the Canadian Dollar since Wednesday's trading session. A breakout occurred through the upper boundary of a descending channel pattern on Thursday.
The Australian Dollar has declined by 125 pips or 1.78% against the US Dollar since Wednesday's trading session.
The common European currency has declined by 69 pips or 0.57% against the Japanese Yen on Wednesday. The currency pair reversed from the 50– hour simple moving average resistance level at 122.28 during yesterday's trading session.
Yesterday, the XAU/USD exchange rate raised to the resistance level—the monthly PP at 1,722.34. During Wednesday morning, the rate was testing the given resistance.
On Tuesday, the USD/JPY currency pair traded sideways in the 107.90 area. During today's morning, the pair was testing the support level formed by the monthly PP at 107.33.
Yesterday, the GBP/USD exchange rate re-tested the support level formed by the Fibo 61.80% and the 100-hour SMA at 1.2646. During Wednesday morning, the rate was trading in the 1.2750 area.
On Tuesday, the EUR/USD currency pair raised to the 1.1360 level. During today's morning, the pair was trading at the given mark.
The New Zealand Dollar declined by 57 pips or 0.87% against the US Dollar on Tuesday. The decline was stopped by the 100– hour simple moving average during yesterday's trading session.
During the first half of Tuesday's trading session, the US Dollar surged by 119 pips or 0.89% against the Canadian Dollar. However, the currency pair lost the earlier gains at the end of the US session on Tuesday.
The Australian Dollar declined by 110 pips or 1.56% against the US Dollar on Tuesday. The currency pair breached the 50– and 100– hour SMAs during Tuesday's trading session.