The 50– hour simple moving average has been guiding the common European currency higher against the Japanese Yen since the end of May. The currency pair declined about 40 pips on Monday.
During the previous trading session, the XAU/USD exchange rate raised to the 1,735.00 level. During Monday morning, the rate touched 1,745.00.
On Friday, the USD/JPY currency pair skyrocketed to the 197.90 level. During today's morning, the pair touched 107.40.
At the end of last week, the GBP/USD exchange rate consolidated in the 1.2325 area. During Monday morning, the rate reached the upper line of the short-term ascending channel at 1.2425.
During Friday, the EUR/USD currency pair traded sideways in the 1.1100/1.1150 range. During today's morning, the rate continued to trade within given area.
The New Zealand Dollar has surged by 88 basis points or 1.42% against the US Dollar since Friday's trading session The currency pair tested the weekly R1 at 0.6264 on Monday morning.
The US Dollar surged by 97 basis points or 0.71% against the Canadian Dollar on Friday. The surged was stopped by the 100– hour simple moving average at 1.3829 during Friday's trading session.
The Australian Dollar has surged by 142 basis points or 2.15% against the US Dollar since Friday's trading session. The currency pair tested the upper boundary of an ascending channel pattern at 0.6763 on Monday morning.
The Eurozone single currency surged by 101 basis points or 0.85% against the Japanese Yen on Friday. The currency pair breached the upper boundary of an ascending channel pattern during Friday's trading session.
Yesterday, the XAU/USD exchange rate traded sideways in the 1,720.00 area. During Friday morning, the rate was testing the 200-hour SMA near 1,730.00.
On Thursday, the USD/JPY currency pair declined to the lower line of the short-term ascending channel. During today's morning, the pair breached the given channel south and dropped to the weekly S1 at 107.12.
Yesterday, the GBP/USD exchange rate tried to surpass the 1.2340 level. During Friday morning, the rate was testing the support formed by the 55-hour SMA, the weekly R1 and the monthly S1 in the 1.2290 area.
On Thursday, the EUR/USD currency pair raised to the upper line of the medium-term channel at 1.1090. During today's morning, the pair breached the given channel north.
During the first part of Thursday's trading session, the New Zeland Dollar surged by 50 pips or 0.81% against the US Dollar. However, the currency pair abandoned the initial gains at the end of the US session on Thursday.
The US Dollar traded sideways against the Canadian Dollar on Thursday. The USD/CAD currency pair consolidated below the 1.3800 area during Thursday's trading session.
During the first half of Thursday's trading session, the Australian Dollar surged by 75 pips or 1.14% against the US Dollar. However, the currency pair abandoned the earlier gains at the end of the day.
The common European currency surged by 88 pips or 0.75% against the Japanese Yen on Thursday. The currency pair tested the upper boundary of an ascending channel pattern at 119.37 during yesterday's trading session.
On Wednesday, the XAU/USD exchange rate reversed north from the 1,700.00 level. During today's morning, the rate pierced the 100-hour SMA near 1,721.00.
Yesterday, the USD/JPY currency pair reached the upper boundary of the short-term ascending channel at 107.95. During Thursday morning, the pair declined to 107.70.
On Wednesday, the GBP/USD exchange rate revealed a medium-term ascending channel. During today's morning, the rate was trading at 1.2260.
The EUR/USD currency pair has revealed a medium-term ascending channel. During Thursday morning, the pair was testing the weekly R1 at 1.1010.
The New Zealand Dollar declined by 71 basis points or 1.14% against the US Dollar on Wednesday. The decline was stopped by the 50– hour simple moving average during Wednesday's trading session.
The US Dollar has been trading between the range of 1.3818/1.3734 against the Canadian Dollar since Wednesday's trading sessions.
The Australian Dollar declined by 99 basis points or 1.48% against the US Dollar on Wednesday. The currency pair breached the 50– hour simple moving average during Wednesday's trading session.