The Australian Dollar surged by 61 pips or 0.85% against the US Dollar on Wednesday. The currency pair tested the weekly resistance level at 0.7244 during yesterday's trading session.
The common European currency declined by 75 pips or 0.59% against the Japanese Yen on Wednesday. The currency pair tested the 100– hour simple moving average at 125.26 during Wednesday's trading session.
Yesterday, the XAU/USD exchange rate traded sideways in the 1,915.00/1,940.00 range. During Wednesday morning, the rate maintained its consolidation.
On Tuesday, the USD/JPY currency pair raised to the 106.60 level. During today's morning, the pair reversed south.
Yesterday, the GBP/USD exchange rate raised to the 1.3160 level. During Wednesday morning, the rate was testing the given level.
On Tuesday, the EUR/USD currency pair tested the weekly PP at 1.1839. During today's morning, the pair reversed south.
The New Zealand Dollar has continued to consolidate below the 0.6558 level against the US Dollar. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.
The US Dollar declined by 69 basis points or 0.52% against the Canadian Dollar on Tuesday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.
The Australian Dollar edged higher by 48 basis points or 0.67% against the US Dollar on Tuesday. The currency pair breached the upper boundary of a descending channel pattern during Tuesday's trading session.
The common European currency surged by 106 basis points or 0.85% against the Japanese Yen on Tuesday. The currency pair tested the weekly resistance level at 126.00 during yesterday's trading session.
Yesterday, the XAU/USD exchange rate traded sideways around the 1,940.00 level. During Tuesday morning, the rate was trading below 1,930.00.
On Monday, the USD/JPY currency pair traded sideways around the 105.90 level. During today's morning, the pair jumped to 106.40.
Yesterday, the GBP/USD exchange rate traded along the lower line of the medium-term descending channel. During Tuesday morning, the rate was trading at 1.3100.
On Monday, the EUR/USD currency pair failed to exceed the resistance formed by the 100– and 200-hour SMAs, as well the weekly PP in the 1.1850 area. During today's morning, the pair was re-testing the given resistance.
The New Zealand Dollar has continued to trade sideways against the US Dollar on Monday. The 100– and 200– hour SMAs provided resistance for the currency pair during Monday's trading session.
Upside risks dominated the USD/CAD currency pair on Monday. As a result, the US Dollar edged higher by 95 points or 0.73% against the Canadian Dollar during yesterday's trading session.
The 100– hour simple moving average provided resistance for the AUD/USD currency pair on Monday. As a result, the Austrian Dollar declined by 45 points or 0.62% against the US Dollar during Monday's trading session.
The Eurozone single currency surged by 60 points or 0.48% against the Japanese Yen on Monday. The currency pair breached the weekly pivot point at 125.22 during yesterday's trading session.
During previous trading session, the XAU/USD exchange rate traded sideways around the 1,930.00 level. During Monday morning, the rate was testing the 200-hour SMA near 1,952.00.
On Friday, the USD/JPY currency pair re-tested the monthly PP at 106.09. During today's morning, the pair was testing the 100-hour SMA near 105.70.
Last week, the GBP/USD exchange rate revealed a short-term descending channel. During today's morning, the rate pierced the 200-hour SMA near 1.3120.
On Friday, the EUR/USD currency pair dropped to the 1.1760 level. During today's morning, the pair was trading upwards.
The New Zealand Dollar traded sideways against the US Dollar on Friday. The NZD/USD currency pair was ranging between 0.6540/0.6520 during Friday's trading session.
The 200– hour simple moving average provided resistance for the USD/CAD currency pair during Friday's trading session.