The 200– hour simple moving average at 121.41 provided support for the single European currency against the Japanese Yen on Tuesday.
Yesterday, the XAU/USD exchange rate reversed north from the monthly S1 at 1,679.34. During Tuesday morning, the rate exceeded the 1,700.00 level.
On Monday, the USD/JPY currency pair dropped to the 108.40 level. During today's morning, the pair declined below the weekly S1 at 108.04.
Yesterday, the GBP/USD exchange rate failed to exceed the 1.2750 level. During Tuesday morning, the rate was testing the support formed by the 100-hour SMA and the Fibo 61.80% at 1.2646.
On Monday, the EUR/USD currency pair consolidated in the 1.1300 area. During today's morning, the pair was testing the support formed by the weekly PP and the monthly R1 at 1.1250.
The New Zealand Dollar surged by 62 basis points or 0.95% against the US Dollar on Monday. The currency pair tested the upper boundary of an ascending channel pattern.
The US Dollar declined by 76 basis points or 0.56% against the Canadian Dollar on Monday. The currency pair breached the monthly support level at 1.3425 during yesterday's trading session.
The Australian Dollar surged by 64 basis point or 0.94% against the US Dollar on Monday. The currency pair was pressured higher by the 50– hour simple moving average during yesterday's trading session.
The common European currency declined by 154 basis points or 1.24% against the Japanese Yen on Monday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.
During the previous trading session, the XAU/USD exchange rate dropped to the monthly S1 at 1,679.34. During Monday morning, the rate raised to the 55-hour SMA near 1,700.00.
On Friday, the USD/JPY currency pair raised to the Fibo 61.80% at 109.83. During today's morning, the pair was testing the support level—the monthly R2 at 109.43.
At the end of last week, the GBP/USD exchange rate raised to the 1.2700 level. During Monday morning, the rate consolidated at the given mark.
On Friday, the EUR/USD currency pair raised to the monthly R2 at 1.1385. During today's morning, the pair is testing the support provided by the 55-hour SMA near 1.1300.
The New Zealand Dollar surged by 54 pips or 0.84% against the US Dollar on Friday. The currency pair tested the upper boundary of an ascending channel pattern at 0.6517 during Friday's trading session.
The US Dollar declined by 115 pips or 0.85% against the Canadian Dollar on Friday. The currency pair was pressured lower by the 50– hour simple moving average during Friday's trading session.
Australia's Dollar surged by 67 pips or 0.97% against the US Dollar during Friday's trading session. The currency pair breached the psychological resistance level at 0.7000 on Friday.
The common European currency traded above the monthly resistance level at 123.47 against the Japanese Yen during Friday's trading session.
On Thursday, the XAU/USD exchange rate raised to the resistance formed by the 100– and 200-hour SMAs, as well the monthly PP in the 1,720.00 area. During today's morning, the rate reversed south.
Yesterday, the USD/JPY currency pair surpassed the weekly R3 at 109.07. During Friday morning, the pair tested the monthly R2 at 109.43.
Yesterday, the GBP/USD exchange rate re-tested the monthly R1 at 1.2615. During Friday morning, the rate raised the weekly R3 at 1.2678.
On Thursday, the EUR/USD currency pair jumped to the 1.1350 level. During today's morning, the pair tested the monthly R2 at 1.1385.
The New Zealand Dollar has surged by 102 basis points or 1.59% against the US Dollar since yesterday's trading session. The currency pair breached the upper boundary of an ascending channel pattern on Friday morning.
The US Dollar traded sideways against the Canadian Dollar on Thursday. The USD/CAD currency pair consolidated below the 1.3550 level during yesterday's trading session.
The Australian Dollar surged by 91 basis points or 1.32% against the US Dollar on Thursday. The currency pair was guided by the 50– hour simple moving average during yesterday's trading session.