The US Dollar continued to range between the 1.3345/1.3296 region against the Canadian Dollar on Friday. The currency pair tested the 50– hour simple moving average during the morning hours of today's trading session.
The Australian Dollar appreciated about 34 basis points against the US Dollar on Friday. A breakout occurred through the upper boundary of a descending channel pattern during Friday's trading session.
The common European currency appreciated about 38 basis points against the Japanese Yen on Friday. The currency pair breached the 50– hour simple moving average at 117.35 during Friday's trading session.
On Thursday, the XAU/USD exchange rate tried to surpass the psychological level at 1,515.00. During today's morning, the rate was trading at the 1,510.00 mark.
Yesterday, the USD/JPY currency pair consolidated at the 106.80 level. During Friday morning, the pair maintained its consolidation.
On Thursday, the GBP/USD exchange rate jumped to the 1.2400 level. During today's morning, the rate was testing the support formed by the 200-hour SMA at 1.2340.
Yesterday, the EUR/USD currency pair reached the 1.0990 level. During Friday morning, the pair was trading at 1.0980 mark.
The New Zealand Dollar is gradually edging higher against the US Dollar in a junior ascending channel pattern. The currency pair appreciated about 56 basis points during yesterday's trading session.
The US Dollar was trading within the range of 1.3345/1.3296 against the Canadian Dollar during Thursday's trading session.
Upside risks dominated the Australian Dollar against the US Dollar on Thursday. As a result, the currency pair appreciated by about 53 basis points during the following trading session.
The Eurozone single currency depreciated about 50 basis points against the Japanese Yen on Thursday. The 50– hour simple moving average pressured the currency pair lower during yesterday's trading session.
Yesterday, the XAU/USD exchange rate raised to the resistance level formed by the monthly PP and the 200-hour SMA circa 1,500.00. During Thursday, the rate was testing the given resistance.
On Wednesday, the USD/JPY currency pair dropped to the support level formed by the Fibonacci 23.60% retracement at 107.02. During today's morning, the pair was testing the given support.
Yesterday, the GBP/USD exchange rate reached the upper boundary of the medium-term descending channel at 1.2320. During Thursday morning, the rate was testing the given line.
On Wednesday, the EUR/USD currency pair jumped to the resistance cluster formed by the weekly and monthly PPs, as well the 200-hour SMA in the 1.0951/1.0965 range.
The New Zealand Dollar has appreciated about 77 basis points against the US Dollar since Wednesday's trading session.
Since Wednesday's trading session, the US Dollar has surged by about 125 basis points against the Canadian Dollar. The currency pair breached both the 50-, 100– and 200– hour SMAs during on Wednesday.
The Australian Dollar has appreciated about 44 basis points against the US Dollar since yesterday's trading session.
During the past 24 hours of trading, the common European currency has depreciated by about 0.56% in value against the Japanese Yen. The currency pair breached the monthly S1 at 117.40 during the morning hours of Thursday's trading session.
On Tuesday, the XAU/USD exchange rate tested the resistance formed by the 55-hour SMA at 1,477.64. During today's morning, the rate surpassed the given resistance.
Yesterday, the USD/JPY currency pair breached the rising wedge pattern south. During Wednesday morning, the pair surpassed the support level formed by the weekly PP at 107.71.
On Tuesday, the GBP/USD exchange rate re-tested the lower boundary of the medium-term descending channel at 1.2210.
Yesterday, the EUR/USD currency pair tried to surpass the 1.0940 level. Druing Wednesday morning, the pair reversed south.
The New Zealand Dollar bounced off the lower boundary of a junior descending channel at 0.6209 on Tuesday. As a result, the currency pair appreciated about 48 basis points.