On Wednesday, the XAU/USD exchange rate tried to surpass the resistance level formed by the monthly R3 at 1,521.59. During today's morning, the rate was testing the given level.
The New Zealand Dollar depreciated about 45 basis points against the US Dollar on Wednesday.
Yesterday, the USD/JPY currency pair traded sideways at the 105.70 level. During today's morning, the pair tested the resistance level—the monthly S2 at 106.54.
During the previous trading session, the GBP/USD exchange rate tried to surpass the resistance level—the weekly PP at 1.2090. During Thursday morning, the rate was testing the given level.
Upside risks prevailed in the market on Wednesday, as a result, the US Dollar rose by 108 pips against the Canadian Dollar. The currency pair breached the weekly R1 at 1.3318 at the end of yesterday's trading session.
During Wednesday, the EUR/USD currency pair breached the short-term descending channel south. During today's morning, the pair traded at the 1.1150 level.
The AUD/USD exchange rate depreciated about 63 basis points on Wednesday. The pair tested a support level formed by the 61.80% Fibonacci retracement level at 0.6738 during yesterday's trading session.
During yesterday's trading session, the EUR/JPY currency pair depreciated about 134 basis points. The pair tested Monday's low level at 117.60 at the end of the previous session.
During the previous trading session, the price for gold dropped significantly to the support level—the monthly R2 at 1,487.41. During Wednesday morning, the XAU/USD exchnage rate increased to the 1,510.00 mark.
Yesterday, the USD/JPY currency pair skyrocketed to the resistance level formed by the weekly R1 at 106.79. During today's morning, the pair reversed south to the support cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 105.81/106.03 range.
Yesterday, the GBP/USD exchange rate continued to trade sideways around the 1.2070. During Wednesday morning, the rate was testing the resistance level formed by the 100-hour SMA and the weekly PP at 1.2090.
During Tuesday, the EUR/USD currency pair tumbled to the support level formed by the monthly PP at 1.1169.
The New Zealand Dollar traded sideways against the US Dollar. The currency pair was trading near a resistance cluster formed by the combination of the weekly and the monthly PPs at 0.6475 during yesterday's trading session.
The US Dollar depreciated about 80 basis points against the Canadian Dollar on Tuesday. The exchange rate pierced the bottom border of an ascending channel pattern at 1.3200 during yesterday's trading session.
The Australian Dollar appreciated about 61 basis points against the US Dollar on Tuesday. The currency pair tested the upper boundary of a descending channel pattern at 0.6800 during Tuesday's trading session.
The Eurozone single currency appreciated about 1.55% in value against the Japanese Yen on Tuesday. The currency pair reached a one-week high at 119.50 during yesterday's trading session.
Yesterday, the price for gold skyrocketed to the 1,520.00 level. During Tuesday's morning, the XAU/USD exchange rate surpassed the 1,525.00 mark.
The 50– hour simple moving average pressured the New Zealand Dollar lower against the US Dollar on Monday. The currency pair breached the lower band of an ascending trendline at 0.6450 during Monday's trading session.
During the previous trading session, the USD/JPY currency pair traded sideways around the psychological level at 105.40. During Tuesday's morning, the pair declined at the 105.20 mark.
The US Dollar appreciated about 35 basis points against the Canadian Dollar on Monday. The 200– hour simple moving average provided support for the exchange rate during yesterday's trading session.
During yesterday's trading session, the Australian Dollar depreciated about 48 basis points against the US Dollar. The currency pair breached the monthly pivot point at 0.6759.
The common European currency appreciated about 64 basis points against the Japanese Yen on Monday. The 50– hour simple moving average provided resistance for the currency pair at 118.17.
On Monday, the GBP/USD exchange rate reversed south from the resistance level formed by the weekly PP at 1.2090. During today's morning, the rate was trading at the 1.2060 mark.
Yesterday, the EUR/USD currency pair tried to surpass the psychological level at the 1.1220 mark. During Tuesday's morning, the pair was testing the support level - the weekly PP at 1.1186.