Yesterday, the currency exchange rate was resisted by the 100-hour simple moving average to end the day at 111.20. On Tuesday morning, the rate was located at the 111.31 mark.
Yesterday, the currency exchange rate broke the resistance level of the 55-hour simple moving average to end the trading day below the weekly pivot point at 1.3050. During Tuesday's morning hours, the rate was supported by the 55-hour SMA to be located at the 1.3103 mark.
Yesterday, the European Single Currency jumped to the 1.1260 level, breaking the resistance level of the weekly R1. On Wednesday morning, the rate was trading between the monthly PP and the weekly R1 at the 1.1270 level.
During Friday's trading session, the yellow metal was testing the 55-hour and the 100-hour simple moving averages to end the day at 1,292.00. On Monday morning, gold broke the resistance level of the 200-hour SMA to be located at the 1,296.93 mark.
During Friday's trading session, the currency exchange rate was supported by the 55-hour simple moving average after which, the rate slumped to the 111.40 level. On Monday morning, the rate resisted by the 100-hour SMA to be located at the 111.50 mark.
During Friday's trading session, the 200-hour simple moving average retraced the currency exchange pair to 1.2940. On Monday morning, the rate was located below the weekly PP at the 1.3056 mark.
During Friday's trading session, the European Single Currency depreciated against the US Dollar to pass through most of the technical indicators to end the day at 1.1215. On Monday, the rate was supported by SMAs to be located at the 1.1238 mark.
The New Zealand Dollar depreciated about 46 base points against the US Dollar on Friday. The decline was stopped by a traditional monthly pivot point at 0.6724 during Friday's trading session.
The US Dollar edged up by about 52 base points against the Canadian Dollar on Friday. The currency pair breached the 200-hour simple moving average during Friday's trading session.
Downside risks prevailed in the market on Friday, thus allowing the Australian Dollar to declined about 40 base points against the US Dollar. The currency pair breached the 50-, 100– and 200-hour SMAs during Friday's trading session.
The common European currency versus the Japanese Yen traded with low volatility on Friday. The 50-hour simple moving average provided support for the currency pair during Friday's trading session.
On Thursday, gold tested the lower boundary of the descending triangle pattern at 1,282.56.
Yesterday, the USD/JPY exchange rate climbed to the resistance level formed by the weekly R2 at 111.76.
During the Thursday's trading session, the GBP/USD currency pair declined to the 1.3065 level.
Yesterday, the EUR/USD currency pair tried to surpass the 55-hour SMA, currently located at 1.1232.
During the last 24 hours, the New Zealand Dollar has depreciated about 0.93% in value against the US Dollar. The currency pair was pressured down by the 50– and 100-hour simple moving averages.
The US Dollar traded with low volatility against the Canadian Dollar on Thursday. However, a breakout occurred through the upper boundary of a descending channel pattern at the end of yesterday's session.
The Australian Dollar traded with low volatility against the US Dollar on Thursday. The currency pair appreciated about 0.41% in value during yesterday's trading session.
The common European currency has been trading in a junior ascending channel against the Japanese Yen since March 28. The currency pair re-tested the lower boundary of the channel pattern at 125.04 during yesterday's trading session.
During Wednesday's session, the yellow metal was supported by the 55-hour simple moving average to end the day at 1,290.00. On Thursday, the 55-hour and the 100-hour SMAs supported the rate to the 1,292.07 mark.
During Wednesday's trading session, the currency exchange rate broke the previously drawn pattern to end the day at 111.30. On Thursday, the rate passed through the support level of the 55-hour SMA to trade at the 111.40 mark.
During Wednesday's trading session, the British Pound was supported by the 200-hour SMA to break the resistance level of the 36.10% Fibo at 1.3162. Today, the currency exchange rate was located below the 36.10% Fibo at the 1.3159 mark.
During Wednesday's session, the European Single Currency was retraced by the 200-hour simple moving average to end the session at 1.1240. On Thursday, the rate depreciated to the 1.1233 mark.
The New Zealand Dollar appreciated about 55 base points against the US Dollar on Wednesday. The currency pair tested the upper boundary of a descending channel pattern at 0.6800 during the first half of today's trading session.