On Monday, the EUR/USD currency pair tried to surpass the 1.1050 level. During today's morning, the pair was trading at the given level.
The New Zealand Dollar depreciated by 27 pips or 0.41% in value against the US Dollar on Monday. The currency pair traded below the 50- hour simple moving average during yesterday's trading session.
The US Dollar edged higher by 69 pips or 0.52% in value against the Canadian Dollar on Monday. A breakout occurred through the upper boundary of an ascending channel pattern during yesterday's trading session.
The Australian Dollar has surged by 45 pips or 0.68% in value against the US Dollar since yesterday's trading session. The currency pair breached the 50– and 100– hour SMAs since the previous session.
The common European currency has surged by 53 pips or 0.44% in value against the Japanese Yen since Monday's trading session. The currency pair tested the weekly R1 at 120.46 on Tuesday morning.
At the end of last week, the XAU/USD exchange rate raised to the 1,590.00 level. During Monday morning, the rate tumbled to the 1,575.00 mark.
On Friday, the USD/JPY currency pair broke the lower boundary of the rising wedge pattern. During today's morning, the pair was testing the resistance formed by the weekly PP at 108.65.
During previous trading day, the GBP/USD exchange rate raise to the Fibo 50.00% at 1.3196. During Monday morning, the rate reversed south.
On Friday, the EUR/USD currency pair skyrocketed to the 1.1090 level. During today's morning, the pair was trading in the 1.1080 area.
The New Zealand Dollar declined by 39 basis points or 0.61% in value against the US Dollar on Friday. The 50– hour simple moving average has continued to pressure the currency pair lower.
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.