On Tuesday, the EUR/USD currency pair tried to decline below the 1.0840 level. During today's morning, the pair dropped below 1.0820.
The New Zealand Dollar declined by 37 basis points or 0.61% against the Greenback on Tuesday. The 50– hour simple moving average provided support for the currency pair during yesterday's session.
The US Dollar declined by 63 basis points or 0.45% against the Canadian Dollar on Tuesday. The decline was stopped by a support cluster formed by the weekly and the monthly PPs at 1.4030.
The Australian Dollar surged by 44 basis points or 0.68% against the US Dollar on Tuesday. The currency pair breached the weekly PP at 0.6455 during Tuesday's trading session.
The single European currency declined by 89 basis points or 0.77% against the Japanese Yen on Tuesday. The currency pair breached the monthly support level at 115.55 during yesterday's trading session.
At the beginning of May, the XAU/USD exchange rate dropped to the 1,675.00 level and reversed north. During today's morning, the rate was testing the 100-hour SMA.
During the first days of May, the USD/JPY currency pair tested the 107.40 level and reversed south. During Tuesday morning, the pair was testing the resistance formed by the 55– and 100-hour SMAs, as well the Fibo 38.20% in the 106.80 area.
At the beginning of May, the GBP/USD exchange rate reversed south from the psychological level at 1.2600. During today's morning, the rate pierced the 200-hour SMA near 1.2440.
As apparent on the chart, during the first days of May, the EUR/USD currency pair touched the 1.1000 level and reversed south. During Tuesday morning, the pair dropped below 1.0840.
The New Zealand Dollar surged by 40 pips or 0.67% against the US Dollar on Monday. The currency pair breached the 50– and 200– hour SMAs during the first part of Tuesday's trading session.
The US Dollar declined by more than 90 pips or 0.65% against the Canadian Dollar on Monday. The currency pair tested a support cluster formed by the 200– period simple moving average and the monthly pivot point at 1.4030 during the European trading session on Tuesday.
The Australian Dollar has surged by 90 pips or 1.41% against the US Dollar since Monday's trading session. The currency pair tested the weekly pivot point at 0.6455 on Tuesday morning.
The common European currency has declined by 144 pips or 1.22% against the Japanese Yen since May 1. The currency pair breached the 200– period simple moving average at 116.28 during yesterday's trading session.
Yesterday, the XAU/USD exchange rate tried to surpass the 100-hour SMA near 1,715.00. During Thursday morning, the rate broke the given moving average.
On Wednesday, the USD/JPY currency pair traded sideways in the 106.60 area. During today's morning, the pair maintained its consolidation.
Yesterday, the GBP/USD exchange rate tried to surpass the 1.2480 level. During Thursday morning, the rate pierced the weekly R1 at 1.2500.
On Wednesday, the EUR/USD currency pair tried to surpass the Fibo 23.60% at 1.0886. During today's morning, the pair re-tested the given level.
The New Zealand Dollar surged by 62 basis points or 1.02% against the US Dollar on Wednesday. A breakout occurred through the upper boundary of a dominant descending channel pattern during Thursday's trading session.
The US Dollar declined by 118 basis points or 0.84% against the Canadian Dollar on Wednesday. The currency pair tested the monthly S2 at 1.3853 on Thursday morning.
The Australian Dollar surged by 57 basis points or 0.88% against the US Dollar on Wednesday. The currency pair was guided higher by the 50– hour simple moving average during yesterday's trading session.
The common European currency surged by 58 basis points or 0.50% against the Japanese Yen on Wednesday. The currency pair tested the 100– hour simple moving average during yesterday's trading session.
On Tuesday, the XAU/USD exchange rate tried to surpass the resistance formed by the 55– and 100-hour SMAs near 1,715.00. During today's morning, the rate was testing the support formed by the 200-hour SMA and the monthly R1 at 1,705.00.
Yesterday, the USD/JPY currency pair remained below the 107.00 mark. During Wednesday morning, the pair was testing the support level—the weekly S3 at 106.44.
Yesterday, the GBP/USD exchange rate reversed south from the weekly R1 at 1.2500. During Wednesday morning, the rate broke the Fibo 50.00% at 1.2418.