The New Zealand Dollar declined by 188 basis points or 2.99% in value against the US Dollar on Thursday. The currency pair tested the lower boundary of a junior descending channel pattern during yesterday's trading session.
The US Dollar surged by 232 basis points or 1.69% in value against the Canadian Dollar on Thursday. The currency pair was pressured by 50—hour simple moving average during Thursday's trading session.
The Australian Dollar maintained the narrow descending channel pattern against the US Dollar on Thursday. The currency pair declined by 238 basis points or 3.68% in value during yesterday's trading session.
The common European currency surged by 182 basis points against Japanese Yen on Thursday. The surge was stopped by a resistance cluster formed by the 50– and 100– hour SMAs at 117..89 during yesterday's trading session.
On Wednesday, the XAU/USD exchange rate declined to the 1,635.00 level. During today's morning, the rate was testing the given level.
Yesterday, the USD/JPY currency pair declined to the 103.50 level. During Thursday morning, the pair was trading near the given level.
Yesterday, the GBP/USD exchange rate breached the medium-term ascending channel south. During Thursday morning, the rate declined to the 1.2750 level.
On Wednesday, the EUR/USD currency pair tested the monthly R1 at 1.1285. During today's morning, the pair declined to the support formed by the weekly PP and the 200-hour SMA at 1.1226.
The New Zealand Dollar declined by 75 pips or 1.19% in value against the US Dollar on Wednesday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.
The 50– hour simple moving average pressured the US Dollar higher against the Canadian Dollar on Wednesday. The currency pair has surged by 139 pips or 1.01% in value since Wednesday's trading session.
A narrow descending channel pattern is currently pushing the Australian Dollar lower against the US Dollar. The currency pair has declined by 95 pips or 1.45% in value since yesterday's trading session.
The 200– hour simple moving average pressured the common European currency lower against the Japanese Yen on Wednesday. The currency pair declined by 165 pips or 1.38% in value during yesterday's trading session.
On Tuesday, the XAU/USD exchange rate broke the lower boundary of the rising wedge pattern. During today's morning, the rate was testing the resistance formed by the 55– and 100-hour SMAs, as well the monthly R1 at 1,667.00.
Yesterday, the USD/JPY currency pair consolidated in the 104.50 area. During Wednesday morning, the pair maintained its consolidation.
Yesterday, the GBP/USD exchange rate declined to the lower boundary of the medium-term ascending channel at 1.2870. During Wednesday morning, the rate was testing the lower channel line.
On Tuesday, the EUR/USD currency pair re-tested the support level—the monthly R2 at 1.1285. During today's morning, the pair was trading near the given level.
The New Zealand Dollar declined by 79 basis points against the US Dollar on Tuesday. The decline was stopped by the weekly support level at 0.6240 during yesterday's trading session.
The US Dollar appreciated by 172 basis points or 1.27% in value against the Canadian Dollar on Tuesday. The currency pair tested the upper boundary of a dominant ascending channel pattern at 1.3769 during yesterday's trading session.
The Australian Dollar declined by 144 basis points or 2.18% in value against the US Dollar on Tuesday. The currency pair breached the weekly support level at 0.6515 during yesterday's trading session.
The EUR/JPY exchange rate traded between the 50– and 100– hour simple moving averages on Tuesday. The currency pair made about 163 basis points movement during yesterday's trading session.
On Monday, the XAU/USD exchange rate reversed south from the upper boundary of the rising wedge pattern. During today's morning, the rate was testing the lower pattern line.
Yesterday, the USD/JPY currency pair tested the support level formed by the monthly S3 at 101.61. During Tuesday morning, the pair jumped to the resistance level—the monthly S2 and the 100-hour SMA at 104.56.
Yesterday, the GBP/USD exchange rate reversed south from the Fibo 50.00% at 1.3200. During Tuesday morning, the rate was testing the 55-hour SMA near 1.3060.
On Monday, the EUR/USD currency pair tried to surpass the resistance level formed by the Fibo 38.20% and the monthly R3 1.1475. During today's morning, the pair reversed south.