The Australian Dollar declined by 38 basis points or 0.52% against the US Dollar on Friday. The decline was stopped by the 200– hour simple moving average at the 0.7288 area.
The common European currency declined by 71 basis points or 0.57% against the Japanese Yen on Friday. The currency pair breached the 50– hour simple moving average during Friday's trading session.
Yesterday, the XAU/USD exchange rate revealed a short-term descending channel.
On Thursday, the USD/JPY currency pair declined to the 104.60 level. During today's morning, the pair declined below the given level.
The GBP/USD exchange rate remains to trade below the psychological level at 1.3000.
The EUR/USD currency pair has revealed a medium-term descending channel. Yesterday, the pair reversed north from the lower channel line at 1.1740.
The New Zealand Dollar surged by 79 points or 1.18% against the US Dollar on Thursday. The currency pair breached the upper boundary of an ascending channel pattern on Friday morning.
The US Dollar has declined by 91 points or 0.69% against the Canadian Dollar since Thursday's trading session. A breakout occurred through the lower boundary of a descending channel pattern on Thursday.
The Australian Dollar surged by 51 points or 0.70% against the US Dollar on Thursday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.
The EUR/JPY currency bounced off the bottom border of a descending channel pattern at 123.37 on Thursday. As a result, the common European currency surged by 76 points or 0.61% against the Japanese Yen.
Yesterday, the XAU/USD exchange rate breached the rising wedge pattern south. During Thursday morning, the rate dropped below the 200-hour SMA near 1,945.00.
On Wednesday, the USD/JPY currency pair declined to the 104.80 level.
Yesterday, the GBP/USD exchange rate touched the 1.3000 level. During Thursday morning, the rate was trading near the weekly PP at 1.2945.
On Wednesday, the EUR/USD currency pair dropped to the support level formed by the weekly and monthly S1s near 1.1760. During today's morning, the pair reversed north.
The New Zealand Dollar surged by 43 pips or 0.46% against the US Dollar on Wednesday. The currency pair breached the weekly support level at 0.6726 during Wednesday's trading session.
The US Dollar has surged by 82 pips or 0.62% against the Canadian Dollar since yesterday's trading session. The currency pair breached a strong resistance line at the 1.3200 level.
The Australian Dollar declined by 58 pips or 0.79% against the US Dollar on Wednesday. The currency pair tested the lower border of an ascending channel pattern at 0.7260 during the Asian session on Thursday.
The Eurozone single currency has declined by 164 pips or 1.31% against the Japanese Yen since Wednesday's trading session. The currency pair tested the lower border of a descending channel pattern at 123.32 on Thursday morning.
The XAU/USD exchange rate continued to trade within the rising wedge pattern. During Wednesday morning, the rate was testing the monthly PP at 1,969.20.
On Tuesday, the USD/JPY currency pair breached the medium-term descending channel south. During today's morning, the pair pierced the weekly S3 at 105.25.
Since yesterday, the GBP/USD exchange rate has been consolidating near the 1.2900 level.
On Tuesday, the EUR/USD currency pair revealed an ascending triangle pattern.
The 50– hour simple moving average has been guiding the Australian Dollar higher against the US Dollar since September 14. The currency pair breached the weekly R1 at 0.6725 on Tuesday.
The US Dollar declined by 59 basis points or 0.45% against the Canadian Dollar on Tuesday. The 200– hour simple moving average provided support for the exchange rate during yesterday's trading session.