On Monday, the USD/JPY currency pair traded sideways around the psychological level at 112.00.
During Monday's session, the GBP/USD exchange rate re-tested the upper boundary of the falling wedge pattern at 1.3115.
Yesterday, the EUR/USD currency pair traded sideways between the psychological levels at 1.1300 and 1.1320 respectively.
The New Zealand Dollar has depreciated about 41 base points against the US Dollar since Monday's trading session.
The US Dollar appreciated about 92 base points against the Canadian Dollar on Monday. A breakout occurred through the upper boundary of a medium-term descending channel pattern at 1.3386 during yesterday's trading session.
The Australian Dollar has depreciated about 40 base points against the US Dollar since yesterday's trading session. The decline was stopped by the 200-hour simple moving average at 0.7138.
The common European currency traded with low volatility against the Japanese Yen on Monday. The monthly pivot point at 126.69 restricted the currency pair from making an upside movement.
The New Zealand Dollar gained about 67 base points against the US Dollar on Friday. The currency pair breached the 50-, 100– and 200-hour SMAs during Friday's trading session.
The US Dollar depreciated about 82 base points against the Canadian Dollar on Friday. The currency pair tested the lower boundary of a junior ascending channel pattern at 1.3317 during Friday's trading session.
The Australian Dollar appreciated about 73 base points against the US Dollar on Friday. The currency pair breached both the 50– and 100-hour SMAs during Friday's trading session.
The single European currency appreciated about 108 base points against the Japanese Yen on Friday. The currency pair tested a resistance level formed by the monthly R1 at 126.69 during Friday's trading session.
On Friday, the price for gold continued to diminish, surpassing the psychological level at 1,290.00.
At the end of last week, the USD/JPY currency pair traded sideways around the psychological level at 112.00.
During previous trading session, the GBP/USD exchange rate tested the upper boundary of the falling wedge pattern at 1.3128 and reversed south.
On Friday, the EUR/USD currency pair tried to breach the short-term channel north and reversed south from the upper channel line at 1.1324. On Monday's morning, the pair resumed going up.
During yesterday's trading session, the price for gold dropped to the psychological level at 1,290.
On Thursday, the Japanese Yen depreciated 0.71% against the Greenback, as the US economic data came better-than-expected. On Friday's morning, the currency pair reached the upper boundary of the long-term descending channel at 111.80.
Yesterday, the GBP/USD currency pair stepped lower to the psychological level at the 1.3060 mark.
During Thursday's trading session, the Euro declined to the support level formed by the weekly R1 at 1.1254. During today's morning, the EUR/USD exchange rate reversed north towards the resistance level—the weekly R2 at 1.1290.
The New Zealand Dollar has revealed a new junior ascending channel pattern against the US Dollar. The channel pattern guided the currency pair towards the upper boundary of a dominant descending channel at 0.6774 on Wednesday.
Yesterday, the price for gold reached the resistance level formed by the Fibonacci 23.60% retracement at 1,309.31.
The US Dollar depreciated about 50 base points against the Canadian Dollar on Wednesday. The decline was stopped by a support cluster formed by the combination of the weekly and the monthly pivot points at 1.3322.
During Wednesday's trading session, the USD/JPY currency pair continued to trade within the short-term descending channel.
As apparent on the chart, on Wednesday, the GBP/USD exchange rate tried to surpass the resistance line located at 1.3119.