Since Wednesday's trading session, the US Dollar has surged by about 125 basis points against the Canadian Dollar. The currency pair breached both the 50-, 100– and 200– hour SMAs during on Wednesday.
The Australian Dollar has appreciated about 44 basis points against the US Dollar since yesterday's trading session.
During the past 24 hours of trading, the common European currency has depreciated by about 0.56% in value against the Japanese Yen. The currency pair breached the monthly S1 at 117.40 during the morning hours of Thursday's trading session.
On Tuesday, the XAU/USD exchange rate tested the resistance formed by the 55-hour SMA at 1,477.64. During today's morning, the rate surpassed the given resistance.
Yesterday, the USD/JPY currency pair breached the rising wedge pattern south. During Wednesday morning, the pair surpassed the support level formed by the weekly PP at 107.71.
On Tuesday, the GBP/USD exchange rate re-tested the lower boundary of the medium-term descending channel at 1.2210.
Yesterday, the EUR/USD currency pair tried to surpass the 1.0940 level. Druing Wednesday morning, the pair reversed south.
The New Zealand Dollar bounced off the lower boundary of a junior descending channel at 0.6209 on Tuesday. As a result, the currency pair appreciated about 48 basis points.
The US Dollar depreciated about 0.61% in value against the Canadian Dollar on Tuesday. The decline started after the US factory activity tumbled to more than 10-year low, sparking concerns that the fallout from the US-China trade war is spreading to the US economy.
The Australian Dollar depreciated about 100 basis points against the US Dollar on Tuesday. The decline began after a negative macroeconomic data releases from Australian.
The common European currency depreciated about 45 basis points against the US Dollar on Tuesday. The decline started after the currency pair tested the monthly pivot point at 118.08.
On Monday, the XAU/USD exchange rate breached the descending triangle pattern south. During today's morning, the rate was testing the support level formed by the Fibo 23.60% at 1,462.89.
Yesterday, the USD/JPY currency pair advanced and reached the 108.20 level. During Tuesday morning, the pair tested the upper boundary of the rising wedge pattern at 108.40.
During Monday, the GBP/USD exchange rate consolidated near the 1.2300 level. During today's morning, the rate was trying to surpass the resistance formed by the 55-hour SMA at 1.2299.
Yesterday, the Euro depreciated against the US Dollar. During Tuesday morning, the EUR/USD pair reversed north from the support level formed by the weekly S1 and the Fibo 23.60% at 1.0886.
The New Zealand Dollar has depreciated about 57 basis points against the US Dollar since yesterday's trading session. The exchange rate breached the weekly S1 at 0.6251 on Monday.
During the past 24 hours of trading, the US Dollar has appreciated about 35 basis points against the Canadian Dollar. The currency pair tested a resistance level formed by the upper boundary of a descending channel pattern at 1.3260 during the European trading session on Tuesday.
The Australian Dollar has depreciated about 0.99% in value against the US Dollar since Monday's trading session. The currency pair tested the lower boundary of a descending channel pattern at 0.6701 during the Asian session on Tuesday.
The single European currency traded sideways movement against the Japanese Yen on Monday. The 50– and 100– hour SMAs provided resistance for the currency during yesterday's trading session.
On Friday, the price for gold traded sideways around the psychological level at 1,500.00. During today's morning, the XAU/USD exchange rate was testing the lower boundary of the descending triangle pattern at 1,485.00.
On Friday, the USD/JPY currency pair tested the upper boundary of the rising wedge pattern at 108.20. During today's morning, the pair reversed north from the lower pattern line at 107.80.
At the end of last week, the GBP/USD exchange rate reversed north from the lower boundary of the short-term descending channel at 1.2280. During Monday morning, the rate was testing the 55-hour SMA at 1.2320.
During Friday, the EUR/USD currency pair tried to surpass the 1.0950 level. During today's morning, the pair was trading at the 1.0930 mark.
The New Zealand Dollar has depreciated about 0.93% in value against the US Dollar since Friday's trading session. The exchange rate tested a support level formed by the weekly S1 at 0.6251 during the Asian session on Monday.