On Thursday, the XAU/USD exchange rate declined below the Fibo 23.60% at 1,497.76. During today's morning, the rate was testing the support level—the monthly S2 at 1,466.10.
Yesterday, the USD/JPY currency pair exceeded the Fibo 38.20% at 108.44. During Thursday morning, the pair was testing the Fibo 50.00% at 109.58.
Yesterday, the GBP/USD exchange rate surpassed the weekly S1 at 1.1642. During Thursday morning, the rate was testing the 1.1500 level.
On Wednesday, the EUR/USD currency pair tested the support level—the monthly S1 at 1.0840. During today's morning, the pair was re-testing the given support.
The New Zealand Dollar declined by 262 pips or 4.39% in value against the US Dollar on Wednesday. The currency pair tested the weekly S3 at 0.5447 during the first half of today's session.
Upside risks have been dominating the US Dollar against the Canadian since the beginning of March. The currency pair surged by 471 pips or 3.33% in value during yesterday's trading session.
The Australian Dollar depreciated by 298 pips or 4.94% in value against the US Dollar on Wednesday. The currency pair tested the psychological support level at 0.5500 during the morning hours of Thursday's trading session.
The common European currency surged by 186 pips or 1.59% in value against the Japanese Yen on Wednesday. The currency pair made a U-turn from the weekly S1 at 117.19 during yesterday's trading session.
On Tuesday, the XAU/USD exchange rate increased to the 1,540.00 level. During today's morning, the rate declined to the Fibo 23.60% at 1,497.76.
Yesterday, the USD/JPY currency pair raised to the 107.50 level. During Wednesday morning, the pair was trading near the given level.
Yesterday, the GBP/USD exchange rate declined to the 1.2000 level. During Wednesday morning, the rate was testing the given level.
On Tuesday, the EUR/USD currency pair declined to the support level—the monthly PP at 1.0968. During today's morning, the pair was testing the given level.
The 50– hour simple moving average pressured the New Zealand Dollar lower against the US Dollar on Tuesday. The currency pair declined by 168 basis points or 2.76% in value during yesterday's trading session.
During yesterday's trading session, the US Dollar surged by 295 basis points or 2.11% in value against the Canadian Dollar. The currency pair breached the weekly R2 at 1.4248 on Tuesday.
The Australian Dollar declined by 187 basis points or 3.04% in value against the US Dollar. The 50– hour simple moving average continued to pressure the currency pair lower during yesterday's trading session.
The common European currency declined by 222 basis points or 1.85% in value against the Japanese Yen on Tuesday. The decline began after the currency pair failed to surpass the monthly pivot point at 119.64.
On Monday, the XAU/USD exchange rate touched the support level—the monthly S2 at 1,466.10. During today's morning, the rate was trading near the given level.
Yesterday, the USD/JPY currency pair dropped to the lower boundary of the short-term ascending channel at 105.80. During Tuesday morning, the pair was testing the resistance level—the Fibo 23.60% at 107.02.
Yesterday, the GBP/USD exchange rate declined below the 1.2300 level. During Tuesday morning, the rate declined to the support level formed by the monthly S3 at 1.2178.
On Monday, the EUR/USD currency pair tried to surpass the Fibo 38.20% at 1.1200. During today's morning, the pair declined to the 1.1100 level.
The New Zealand Dollar edged higher by 107 pips or 1.78% in value against the US Dollar on Monday. The currency pair tested the monthly support level at 0.6123 during yesterday's trading session.
The US Dollar surged by 221 pips or 1.60% in value against the Canadian Dollar on Monday. The currency pair tested the upper boundary of a long-term ascending channel pattern at 1.4024 on Monday.
The 50– hour simple moving average has continued to pressure the Australian Dollar lower against the US Dollar. The currency pair declined by 83 pips or 1.34% in value during yesterday's trading session.
During the first part of yesterday's trading session, the Eurozone single currency declined by 211 pips or 1.77% in value against the Japanese Yen