The Australian Dollar edged higher by 110 pips or 1.88% in value against the US Dollar on Tuesday. The currency pair breached the 200– hour simple moving average during yesterday's trading session.
The Eurozone single currency surged by 162 pips or 1.37% in value against the Japanese Yen on Tuesday. The currency pair breached the upper boundary of a dominant descending channel during yesterday's trading session.
On Monday, the XAU/USD exchange rate raised to the 1,560.00 level. During today's morning, the rate jumped to the monthly PP at 1,607.97.
Yesterday, the USD/JPY currency pair tried to surpass the 111.50 level. During Tuesday morning, the pair was testing the support provided by the 55-hour SMA near 110.50.
Yesterday, the GBP/USD exchange rate re-tested the 1.1450 level. During Tuesday morning, the rate jumped to the 1.1750 mark.
On Monday, the EUR/USD currency pair raised to the resistance formed by the monthly S1 and the weekly PP near 1.0850. During today's morning, the pair was testing the given resistance.
The New Zealand Dollar has surged by 227 basis points or 4.06% in value against the US Dollar since Monday's trading session. The currency pair tested a resistance cluster at 0.5774 during the Asian session on Tuesday.
The US Dollar appreciated by about 170 basis points or 1.18% in value against the Canadian Dollar on Monday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.
The Australian Dollar has appreciated by 257 basis points or 4.49% in value against the US Dollar since yesterday's trading session. A breakout through the upper boundary of a descending channel pattern occurred on Tuesday morning.
The single European currency versus the Japanese Yen rebounded from the monthly support level at 117.89 on Monday. As a result, the currency pair surged by 212 basis points or 1.78% in value during yesterday's trading sessions.
During previous trading session, the XAU/USD exchange rate consolidated in the 1,500.00 area. During Monday morning, the rate maintained its consolidation.
On Friday, the USD/JPY currency pair touched the 111.50 level. During today's morning, the pair was testing the support provided by the 55-hour SMA near 110.20.
At the end of last week, the GBP/USD exchange rate tried to surpass the 100-hour SMA near 1.1900. During Monday morning, the rate was trading near 1.1600.
On Friday, the EUR/USD currency pair re-tested the support level formed by the monthly S2 at 1.0650. During today's morning, the pair was trading near the given support.
The New Zealand Dollar declined by 218 pips or 3.72% in value against the US Dollar on Friday. The currency pair breached the 50– hour simple moving average during Friday's trading session.
The US Dollar declined by 375 pips or 2.58% in value against the Canadian Dollar on Friday. The currency pair tested the lower boundary of an ascending channel pattern during Friday's trading session.
The Australian Dollar surged by 303 pips or 5.35% in value against the US Dollar on Friday. The currency pair tested the upper boundary of a descending channel pattern during Friday's trading session.
The common European currency has continued to trade within range against the Japanese Yen. The currency pair has been trading between the range of 119.29/117.15 since last week's trading sessions.
On Thursday, the XAU/USD exchange rate tested the support level—the monthly S2 at 1,466.10. During today's morning, the rate raised to the 1,505.00 area.
Yesterday, the USD/JPY currency pair tried to surpass the 111.00 level. During Friday morning, the pair was testing the support formed by the Fibo 50.00% at 109.58.
Yesterday, the GBP/USD exchange rate tried to surpass the 1.150 level. During Friday morning, the rate raised to the resistance formed by the 100-hour SMA near 1.1900.
On Thursday, the EUR/USD currency pair declined to the monthly S2 at 1.0650. During today's morning, the pair reversed north.
During the past 24 hours of trading, the New Zealand Dollar has surged by 381 pips or 6.93% in value against the US Dollar. The currency pair breached the 50– hour simple moving average at 0.5735 during the Asian trading session on Friday.
The US Dollar has declined by 458 pips or 3.13% in value against the Canadian Dollar since Thursday's trading session.