The US Dollar made about 40 basis points movement against the Canadian Dollar on Wednesday. The exchange rate breached the weekly S1 at 1.3080 during Wednesday's trading session.
The Australian Dollar traded with low volatility against the US Dollar on Wednesday. The 50– and 100– hour simple moving averages provided resistance for the exchange rate at 0.6854 during yesterday's trading session.
The European single currency has appreciated by 92 basis points against the Japanese Yen since Wednesday's trading session. The currency pair changed course from the bottom border of an ascending channel pattern at 120.46 on Wednesday.
On Tuesday, the XAU/USD exchange rate traded sideways in the 1,484.00/1,488.00 area. During today's morning, the rate jumped to the 1,494.00 level.
On Tuesday, the USD/JPY currency pair declined to the lower boundary of the falling wedge pattern at 108.30. During today's morning, the pair reversed north.
Yesterday, the GBP/USD exchange rate dropped to the 1.2850 mark. During Wednesday morning, the rate was trading at the given level.
On Tuesday, the Euro depreciated slightly against the US Dollar. During today's morning, the EUR/USD was testing the support level formed by the weekly PP at 1.1112.
The New Zealand Dollar depreciated about 35 basis points against the US Dollar on Tuesday. The currency pair tested the lower boundary of an ascending channel pattern at 0.6390 during the morning hours of today's session.
The US Dollar traded within a range of 1.3118/1.3080 against the Canadian Dollar on Tuesday.
The Australian Dollar depreciated about 30 basis points against the US Dollar on Tuesday. The currency pair breached both the 50– hour SMA at 0.6863 and 100– hour simple moving average at 0.6847 during yesterday's session.
The EUR/JPY currency pair depreciated about 0.53% in value during yesterday's trading session. The currency pair tested the bottom border of an ascending channel pattern at 120.51 during the Asian session on Wednesday.
Yesterday, the XAU/USD exchange rate declined to the 1,484.00 level. During Tuesday morning, the rate was testing the upper boundary of the medium-term descending channel at 1,488.00.
On Monday, the USD/JPY currency pair breached the short-term descending channel north. During today's morning, the pair was testing the support formed by the 55-hour SMA at 108.55.
Yesterday, the GBP/USD exchange rate failed to exceed the psychological level at 1.3000. During Tuesday morning, the rate was testing the support provided by the 55-hour SMA at 1.2936.
On Monday, the EUR/USD currency pair consolidated near the psychological level at 1.1160. During today's morning, the pair breached the 55-hour SMA at 1.1150.
The New Zealand Dollar has appreciated by about 57 basis points against the US Dollar since yesterday's trading session. The currency pair tested a resistance line formed by the weekly R1 at 0.6433 during the Asian session on Tuesday.
The US Dollar fell by about 60 basis points against the Canadian Dollar on Monday. The USD/CAD currency pair tested the weekly S1 at 1.3080 during yesterday's trading session.
The Australian Dollar reached a five-week high against the US Dollar during Friday's trading session. The currency pair was pressured by the 50– hour simple moving average on Monday.
The common European currency has been appreciating in an ascending channel pattern against the Japanese Yen since October 8. The currency pair breached the lower boundary of the channel pattern at 121.09 during the morning hours of Tuesday's trading session.
During Friday, the XAU/USD exchange rate traded sideways at the 1,492.00 level. During today's morning, the rate was trying to surpass the resistance level formed by the 200-hour SMA at 1,493.26.
At the end of last week, the USD/JPY currency pair declined to the 108.30 level. During Monday morning, the pair was testing the resistance formed by the 55– and 100-hour SMAs at 108.60.
During previous trading session, the GBP/USD exchange rate failed to surpass the psychological level at 1.3000. During Monday morning, the rate was trading at the given level.
On Friday, the EUR/USD currency pair went upside to the psychological level at 1.1160. During today's morning, the pair was trading at the given level.
A one-week ascending channel pattern has been guiding the New Zealand Dollar higher against the US Dollar. The currency pair breached the monthly R1 at 0.6390 during Friday's trading session.