Since yesterday's trading session, the New Zealand Dollar has surged by 54 basis points or 0.86% in value against the US Dollar. The currency pair breached the monthly pivot point at 0.6312 on Thursday morning.
The US Dollar surged by 102 basis points or 0.77% in value against the Canadian Dollar on Wednesday. The 200– hour simple moving average has continued to provide support for the currency pair.
The AUD/USD currency pair maintained the narrow ascending channel pattern during yesterday's trading session. The Australian Dollar edged higher by 45 basis points or 0.69% in value on Wednesday.
The 200– hour simple moving average pressured the common European currency lower against the Japanese Yen on Wednesday. The currency pair declined by 98 basis points or 0.81% in value during the first part of yesterday's trading session.
Yesterday, the XAU/USD exchange rate jumped to the 1,650.00 level. During Wednesday morning, the rate was trading near the given level.
On Tuesday, the USD/JPY currency pair declined to the Fibo 23.60% at 107.02. During today's morning, the pair reversed north.
Yesterday, the GBP/USD exchange rate tested the resistance formed by the 100-hour SMA near 1.2840. During Wednesday morning, the rate reversed south.
On Tuesday, the EUR/USD currency pair tried to surpass the resistance formed by the Fibo 38.20% and the weekly R2 at 1.1200. During today's morning, the pair was trading near the given resistance.
The New Zealand Dollar surged by 73 pips or 1.17% in value against the US Dollar during the first half of Tuesday's trading session. The currency pair breached the 200– hour simple moving average on Tuesday morning.
The US Dollar surged by 62 pips or 0.47% in value against the Canadian Dollar on Tuesday. The currency pair was guided by the 200– hour simple moving average during yesterday's trading session.
The Australian Dollar has continued to edge higher in a narrow ascending channel pattern against the US Dollar. The currency pair surged by 113 pips or 1.74% in value during Tuesday's trading session.
The Eurozone single currency declined by 147 pips or 1.21% in value against the Japanese Yen. The decline was stopped by a support cluster formed by the weekly and the monthly PPs at 119.64.
Yesterday, the XAU/USD exchange rate failed to surpass the resistance level formed by the monthly PP at 1,607.96. During Tuesday morning, the rate was testing the 55-hour SMA near 1,603.00.
On Monday, the USD/JPY currency pair tried to exceed the Fibo 38.20% at 108.44. During today's morning, the pair was trading in the 108.00 area.
Yesterday, the GBP/USD exchange rate tried to decline below 1.2750. During Tuesday morning, the rate was testing the given level.
On Monday, the EUR/USD currency pair tested the resistance level—the monthly R1 at 1.1157. During today's morning, the pair was testing the weekly R1 at 1.1120.
The New Zealand Dollar surged by 71 basis points or 1.14% in value against the US Dollar. The currency pair tested the 100– hour simple moving average during yesterday's trading session.
The US Dollar depreciated by 94 basis points or 0.70% in value against the Canadian Dollar on Monday. The currency pair breached the weekly and the monthly PPs at the 1.3359 area during yesterday's trading session.
On Monday, the Australian Dollar edged higher by 86 basis points or 1.33% in value against the US Dollar. The currency pair tested the 100– hour simple moving average during yesterday's trading session.
During yesterday's trading session, the single European currency surged by 206 basis points or 1.73% in value against the Japanese Yen. The currency pair tested the monthly R1 at 120.91 on Monday.
During previous trading session, the XAU/USD exchange rate dropped to the 1,580.00 level. During Monday morning, the rate was testing the resistance formed by the monthly PP at 1,607.96.
On Friday, the USD/JPY currency pair declined to the 108.00 level. During today's morning, the pair declined below the given level.
At the end of last week, the GBP/USD exchange rate broke the lower boundary of the medium-term descending channel. During Monday morning, the rate was testing the 1.2750 level.
On Friday, the EUR/USD currency pair tried to surpass the 1.1050 level. During today's morning, the pair raised to the 1.1100 level.