The 50– hour simple moving average has continued to pressure the Australian Dollar against the US Dollar. The currency pair surged by 63 pips or 1.05% in value during yesterday's trading session.
The Eurozone single currency declined by 84 pips or 0.70% in value against the Japanese Yen on Monday. The currency pair tested the lower boundary of an ascending channel pattern at 118.87 during yesterday's trading session.
Since last Tuesday, the XAU/USD exchange rate has been consolidating in the 1,6200 area.
On Friday, the USD/JPY currency pair declined below the 108.00 level. During today's morning, the pair was trading near the given level.
During the previous trading session, the GBP/USD exchange rate tested the resistance level formed by the monthly S2 at 1.2452. During Monday morning, the rate was trading neat the given level.
On Friday, the EUR/USD currency pair raised to the resistance level—the monthly R1 at 1.1157. During today's morning, the pair reversed south.
On Friday, the New Zealand Dollar appreciated by 140 basis points or 2.47% in value against the US Dollar. The currency pair tested the upper boundary of an ascending channel pattern during Friday's trading session.
The 50– hour simple moving average pressured the US Dollar lower against the Canadian Dollar on Friday. The currency pair declined by 217 basis points or 1.53% in value during Friday's trading session.
The Australian Dollar surged by 171 basis points or 2.85% in value against the US Dollar on Friday. The currency pair was guided by 50– hour simple moving average during Friday's trading session.
The common European currency declined by approximately 170 basis points or 1.42% in value against the Japanese Yen on Friday. The currency pair breached the 50-, 100– and 200– hour SMAs during Friday's trading session.
Yesterday, the XAU/USD exchange rate tried to surpass the 1,640.00 level. During Friday morning, the rate was consolidating in the 1,620,00 area.
On Thursday, the USD/JPY currency pair declined below the 109.00. During today's morning, the pair re-tested the support level—the Fibo 38.20% at 108.44.
Yesterday, the GBP/USD exchange rate reached the resistance cluster formed by the Fibo 23.60%, the monthly S3 and the weekly R1 in the 1.2200 area. During Friday morning, the rate was testing the given resistance.
On Thursday, the EUR/USD currency pair raised to the 1.1050 level. During today's morning, the pair reversed south from the weekly R1 at 1.1080.
On Wednesday, the XAU/USD exchange rate consolidated near the monthly PP at 1,607.96. During today's morning, the rate maintained its consolidation.
Yesterday, the USD/JPY currency pair breached the medium-term ascending channel south. During Thursday morning, the pair dropped to the 110.00 level.
Yesterday, the GBP/USD exchange rate revealed the upper wedge pattern. During Thursday morning, the rate was trading in the 1.1900 area.
On Wednesday, the EUR/USD currency pair raised to the upper boundary of the rising wedge pattern. During today's morning, the pair broke the upper channel line.
On Tuesday, the XAU/USD exchange rate raised to the 1,640.00 level. During today's morning, the rate was trading at the 1,620.00 level.
Yesterday, the USD/JPY currency pair failed to surpass the 111.50 level. During Wednesday morning, the pair was testing the given level.
Yesterday, the GBP/USD exchange rate raised to the weekly PP at 1.1838. During Wednesday morning, the rate touched the 1.1950 mark.
On Tuesday, the EUR/USD currency pair revealed the rising wedge pattern. During today's morning, the pair was testing the resistance formed by the weekly and monthly PPs in the 1.0850 area.
The New Zealand Dollar has surged by 162 pips or 2.83% in value against the US Dollar since yesterday's trading session. The currency pair breached the 200– hour simple moving average at 0.5859 on Wednesday.
The US Dollar has declined by 210 pips or 1.45% in value against the Canadian Dollar since yesterday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern on Wednesday morning.