The single European currency appreciated by 32 basis points against the Japanese Yen on Thursday. A breakout occurred through the upper boundary of a descending channel pattern during yesterday's trading session.
On Wednesday, the XAU/USD exchange rate reversed south from the upper boundary of the medium-term ascending channel at 1,484.50. During today's morning, the rate was testing the support formed by the 55-hour SMA and the monthly PP at 1,475.51.
Yesterday, the USD/JPY currency pair raised to the resistance level—the weekly S1 at 108.90. During Thursday morning, the pair was testing the given resistance.
Yesterday, the GBP/USD exchange rate increased to the 1.3120 level. During Thursday morning, the rate surpassed the given mark.
On Wednesday, the EUR/USD currency pair failed to surpass the resistance level –the weekly R3 at 1.1093. During today's morning, the pair was testing the given resistance.
The New Zealand Dollar appreciated by 51 basis points against the US Dollar on Wednesday. The currency pair was guided up by the 50– hour simple moving average during yesterday's trading session.
The US Dollar depreciated against the Canadian Dollar, following the BOC Rate Statement release on Wednesday at 15:00 GMT. The USD/CAD exchange currency rate declined by 105 basis points after the release.
The Australian Dollar appreciated by 41 basis points against the US Dollar on Wednesday. The currency pair was pressured up by a support cluster formed by the combination of the weekly R2 and the monthly pivot point at 0.6815.
The single European currency appreciated by 68 basis points against the Japanese Yen on Wednesday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.
On Tuesday, the XAU/USD exchange rate advanced to the 1,480.00 level. During today's morning tested the 1,485.00 level.
Yesterday, the USD/JPY currency pair declined to the support level—the Fibo 38.20% at 108.44. During Wednesday morning, the pair was testing the given support.
Yesterday, the GBP/USD exchange rate raised to the 1.3000 level. During Wednesday morning, the rate jumped to the 1.3060 level.
On Tuesday, the EUR/USD currency pair consolidated at the 1.1080 level. During today's morning, the pair continued to consolidate at the given level.
On Monday, the XAU/USD exchange rate tried to tested the Fibo 23.60% at 1,462.89. During today's morning, the rate jumped to the 1,470.00 level.
Yesterday, the USD/JPY currency pair tumbled to the 109.00 level. During Tuesday morning, the pair was testing the support level—the weekly S1 at 108.90.
Yesterday, the GBP/USD exchange rate tested the 1.2940 level. During Tuesday morning, the rate advanced to the resistance level—the weekly R1 at 1.2985.
On Monday, the EUR/USD currency pair skyrocketed to the 1.1080 level. During today's morning, the pair was consolidating at the given level.
At the previous trading session, the XAU/USD exchange rate tested the 1,464.00 level. During Monday morning, the rate was testing the resistance level formed by the 55– and 100-hour SMAs at 1,457.79.
On Friday, the USD/JPY currency pair consolidated near the Fibonacci 50.00% retracement at 109.58. During today's morning, the pair was testing the upper boundary of the long-term descending channel at 109.74.
At the end of last week, the GBP/USD exchange rate failed to surpass the 1.2940 level. During Monday morning, the rate was testing the support formed by the 100– and 200-hour SMAs, as well the monthly PP at 1.2898.
On Friday, the EUR/USD currency pair skyrocketed to the 1.1025 level. During today's morning, the pair was testing the support formed by the 55– and 100-hour SMAs, as well the weekly PP at 1.1012.
On Thursday, the XAU/USD exchange rate traded sideways around the psychological level at 1,456.00. During today's morning, the rate was testing the resistance formed by the 55– and 100-hour SMAs at 1,457.00.
Yesterday, the USD/JPY currency pair tried to surpass the resistance level formed by the Fibonacci 50.00% retracement at 109.58. During Friday morning, the pair continued to test the given resistance.
Yesterday, the GBP/USD exchange rate reversed south from the upper boundary of the short-term ascending channel. During Friday morning, the rate was testing the support formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.2900 area.