The New Zealand Dollar depreciated about 40 base points against the US Dollar on Thursday. A breakout occurred through the lower boundary of an ascending channel pattern at 0.6694.
During the previous trading session, the US Dollar depreciated about 40 base points against the Canadian Dollar. The currency pair was pressured south by the 50-hour simple moving average.
The AUD/USD currency pair depreciated about 31 base points during yesterday's trading session. The decline was temporary stopped by the 50-hour simple moving average.
The EUR/JPY currency pair has continued to trade sideways during the morning hours of Friday's trading session. The 50-hour simple moving average provided support for the exchange rate at 121.63.
As it was expected previously, the price for gold declined to the support level formed by the 55-, 100– and 200-hour SMAs, located circa the 1,410.00 mark.
During Wednesday, the USD/JPY currency pair tried to surpass the resistance level formed the monthly PP at 107.84. During today's morning, the pair was testing the given resistance.
During the previous trading session, the GBP/USD exchange rate traded sideways around the 1.2580 level. No significant changes were observed during today's morning.
Yesterday, the EUR/USD currency pair traded sideways between the weekly S3 at 1.1275 and the 55-hour moving average, currently located at 1.1289. During Thursday's morning, the pair continued to trade within the given cluster.
The New Zealand Dollar versus the US Dollar ended yesterday's trading session with a 44-pips gain. However, the currency pair began Thursday's trading session with a decline.
The USD/CAD currency pair continued to decline on Wednesday. During the Asian session on Thursday, the exchange rate reversed from a swing low at 1.3060.
The AUD/USD currency pair reached the previously set target at 0.7040 at the end of yesterday's trading session.
During the previous trading session, the EUR/JPY exchange rate traded sideways around the 50-hour simple moving average at 121.77. The pair breached the descending channel pattern at 121.64.
On Tuesday, the XAU/USD exchange rate skyrocketed to the upper boundary of the long-term ascending channel at the 1,435.00 mark. During today's morning, the rate reversed south.
Yesterday, the USD/JPY currency pair dropped to the support level formed by the 200-hour moving average and the weekly PP at 107.63. During Wednesday's morning, the pair was testing the given support.
Yesterday, the GBP/USD exchange rate tried to breach the short-term descending channel south. During today's morning, the rate declined to the 1.2560 mark.
During Tuesday, the EUR/USD currency pair traded sideways between the support level—the weekly S3 at 1.1275 and the resistance level formed by the weekly S2 and monthly PP located circa 1.1310.
The NZD/USD currency pair traded with low volatility during yesterday's trading session. The New Zealand Dollar made about 22 pips movement against the US Dollar on Tuesday.
The US Dollar depreciated about 41 base points against the Canadian Dollar on Tuesday. The currency pair was trading near the upper boundary of a downtrend line during the morning hours of Wednesday's trading session.
During the last 24 hours, the Australian Dollar versus the US Dollar has made about 37 pips movement. The currency pair consolidated below a psychological resistance level at 0.70 during the first half of Wednesday's trading session.
During Tuesday's trading session, the Eurozone single currency made 78 pips movement against the Japanese Yen.
During the previous trading session, the XAU/USD exchange rate traded sideways around the 1,390.00, supported by the monthly PP at 1,385.30. During today's morning, the rate reversed north from the given support.
During Monday, the USD/JPY currency pair traded sideways, trying to surpass the resistance level formed by the Fibonacci 38.20% retracement and the weekly R1 at 108.48.
Yesterday, the British Pound depreciated gradually against the US Dollar. During Tuesday's morning, the exchange rate declined to the 1.2620 level.
On Monday, the EUR/USD currency pair dropped to the support level—formed by the weekly S3 at 1.1275. During today's morning, the pair reversed north.