The US Dollar declined by 57 base points or 0.43% in value against the Canadian Dollar on Friday. The currency pair was guided up by the 50– hour simple moving average.
The Australian Dollar declined by 45 basis points or 0.67% in value against the US Dollar on Friday. The 50– hour simple moving average has continued to pressure the currency pair lower during the previous session.
The European single currency has continued to trade within range against the Japanese Yen. The currency pair made about 25 basis points during Friday's trading session.
On Thursday, the XAU/USD exchange rate failed to surpass the 1,585.00 level. During today's morning, the rate was trading at 1,580.00.
Yesterday, the USD/JPY currency pair reversed north from the lower boundary of the rising wedge pattern. During Friday morning, the pair tried to surpass the 109.00 level.
Yesterday, the GBP/USD exchange rate skyrocketed to the 1.3100 level. During Friday morning, the rate tried to surpass the 1.3120 level.
On Thursday, the EUR/USD currency pair broke the short-term descending channel. During today's morning, the pair was trading near 1.1035.
The New Zealand Dollar has declined by 66 pips or 1.01% in value against the US Dollar since Thursday's trading session. A breakout occurred through the lower boundary of a descending channel pattern on Friday morning.
The US Dollar declined by 34 pips or 0.26% in value against the Canadian Dollar on Thursday. The decline was stopped by 50– hour simple moving average during yesterday's trading session.
The 50– hour simple moving average guided the Australian Dollar lower against the US Dollar on Thursday. The currency pair declined by 50 pips or 0.74% in value during yesterday's trading session.
The single European currency traded between the range of 120.33/119.78 on Thursday. The currency pair tested the monthly S1 at 120.33 during the Asian session on Friday.
On Thursday, the XAU/USD exchange rate raised to the 1,580.00 level. During today's morning, the rate was trading at the given level.
Yesterday, the USD/JPY currency pair failed to surpass the 109.20 level. During today's morning, the pair was testing the support formed by the weekly S1 and the monthly PP at 108.90.
Yesterday, the GBP/USD exchange rate broke the short-term descending channel. During Thursday morning, the rate was testing the resistance formed by the 55-hour SMA at 1.3015.
On Wednesday, the EUR/USD currency pair reversed north from the support level formed by the weekly S1 at 1.0992. During today's morning, the pair was testing the resistance formed by the 55– and 100-hour SMAs circa 1.1015.
The 50– hour simple moving average has continued to pressure the New Zealand Dollar lower against the US Dollar since Wednesday's trading session. The currency pair breached the monthly S1 at 0.6517 on Thursday morning.
The US Dollar has appreciated by 55 basis points against the Canadian Dollar since yesterday's trading session. The currency pair breached the weekly R1 at 1.3195 on Thursday morning.
The Australian Dollar has depreciated by 48 basis points against the US Dollar since Wednesday's trading session. The currency pair is currently trading in a descending channel pattern.
The common European currency has declined by 58 basis points against the Japanese Yen since Wednesday's trading session. The 50– and 100– hour SMAs pressured the currency pair lower on Wednesday.
On Tuesday, the XAU/USD exchange rate declined to the support formed by the 200-hour SMA at 1,564.00. During today's morning, the rate reversed north.
Yesterday, the USD/JPY currency pair reversed north from the lower boundary of the rising wedge pattern (4H time-frame chart). During Wednesday morning, the pair was testing the 100-hour SMA at 109.20.
Yesterday, the GBP/USD exchange rate declined to the lower boundary of the short-term descending channel at 1.2980. During Wednesday morning, the rate was testing the upper channel line.
On Tuesday, the EUR/USD currency pair re-tested the lower boundary of the short-term descending channel at 1.1000. During today's morning, the pair was trading downwards.
The New Zealand Dollar appreciated by 33 basis points or 0.51% in value against the US Dollar on Tuesday. The currency pair tested a resistance cluster formed by the weekly S2 and the 50– hour SMA at 0.6555 during yesterday's trading session.