The US Dollar edged higher by 88 points or 0.69% against the Canadian Dollar on Friday. The currency pair tested the upper line of a descending channel pattern at 1.2732 during Friday's trading session.
The Australian Dollar fell by 51 points or 0.66% against the US Dollar on Friday. The currency pair breached the 50-, 100– and 200– hour SMAs during Friday's trading session.
The Eurozone single currency rose by 41 points or 0.32% against the Japanese Yen on Friday. The currency pair tested the upper line of an ascending channel pattern at 126.39 during Friday's trading session.
As apparent on the chart, the XAU/USD exchange rate failed to surpass the 1,875.00 level.
During today's morning hours, the USD/JPY currency pair has been testing the 100-hour SMA near 103.70.
Yesterday, the GBP/USD exchange rate bounced off the upper boundary of the rising wedge pattern.
During Friday morning hours, the EUR/USD currency pair tested the resistance level—the weekly R1 at 1.2185.
During the first half of Thursday's trading session, the New Zealand Dollar declined by 40 pips or 0.54% against the US Dollar. However, the currency pair rebounded at the end of the day.
The US Dollar has surged by 70 pips or 0.55% against the Canadian Dollar since Thursday's trading session. The currency pair breached the 50– hour simple moving average at 1.2647 on Friday morning.
The Australian Dollar declined by 28 pips or 0.36% against the US Dollar on Thursday. The currency pair reversed from the weekly R1 at 0.7780 during Thursday's trading session.
The common European currency surged by 59 pips or 0.47% against the Japanese Yen on Thursday. A breakout occurred through the upper line of a descending channel pattern during yesterday's trading session.
The XAU/USD exchange rate has raised to the 1,875.00 level.
Yesterday, the USD/JPY currency pair breached the symmetrical triangle pattern south.
During today's morning, the GBP/USD exchange rate has been testing the upper line of the rising wedge pattern.
During Thursday morning hours, the EUR/USD currency pair broke the upper line of the medium-term descending channel.
The New Zealand Dollar jumped by 73 basis points or 1.03% against the US Dollar on Wednesday. The currency pair breached the upper line of a descending channel pattern on Thursday morning.
The US Dollar fell by 120 basis points or 0.95% against the Canadian Dollar on Wednesday. A breakout occurred through the lower line of a narrow descending channel pattern during Wednesday's trading session.
Australia's Dollar edged higher by 60 basis points or 0.78% against the US Dollar on Wednesday. The AUD/USD currency pair was pressured higher by the 50– hour simple moving average during yesterday's trading session.
The single European currency declined by 81 basis points or 0.64% against the Japanese Yen on Wednesday. The currency pair breached the 50– and 100– hour SMAs during Wednesday's trading session.
During Wednesday morning hours, the XAU/USD exchange rate broke the upper boundary of the short-term descending channel.
The USD/JPY currency pair continues to move within the symmetrical triangle pattern.
During Wednesday morning hours, the GBP/USD exchange rate jumped to the resistance level at 1.3700.
On Tuesday, the EUR/USD currency pair broke the falling wedge pattern. Also, the pair has revealed a medium-term descending channel.
The New Zealand Dollar has surged by 44 points or 0.62% against the US Dollar since Tuesday's trading session. The currency pair tested the 100– hour simple moving average at 0.7148 during the London session on Wednesday.