The yellow metal declined by 133 pips or 0.70% against the US Dollar on Thursday. The commodity breached the 55– hour simple moving average during yesterday's trading session.
Upside risks pressured the US Dollar against the Japanese Yen on Thursday. The currency pair tested the 61.80% Fibonacci retracement level at 109.83 during yesterday's trading session.
Upside risks controlled the British Pound against the US Dollar on Thursday. The GBP/USD currency pair climbed by 115 pips or 0.82% during yesterday's trading session.
The EUR/USD currency pair remained below the 55-, 100– and 200– hour SMAs on Thursday. The exchange rate found support at the 1.2180 level during Thursday's trading session.
Upside risks dominated the US Dollar against the Canadian Dollar on Wednesday. The currency pair tested the weekly resistance level at 1.2132 during yesterday's trading session.
The British Pound surged by more than 40 pips or 0.32% against the Japanese Yen on Wednesday. The currency pair tested the upper line of a descending channel pattern at 154.33 during Wednesday's trading session.
Downside risks pressured the Australian Dollar lower against the US Dollar on Wednesday. The exchange rate declined by 54 pips or 0.70% during Wednesday's trading session.
The common European currency declined by 38 pips or 0.28% against the Japanese Yen on Wednesday. The decline was stopped by the 200– hour simple moving average during yesterday's trading session.
On Wednesday, the yellow metal slumped by 163 pips or 0.86% against the US Dollar. The decline was stopped by the 55– hour simple moving average during Wednesday's trading session.
The US Dollar surged by 46 pips or 0.42% against the Japanese Yen on Wednesday. A breakout occurred through the upper boundary of a descending channel pattern during Wednesday's trading session.
During Wednesday's trading session, the Pound Sterling plunged by 61 pips or 0.43% against the US Dollar. The currency pair breached the 55-, 100– and 200– hour SMAs on Wednesday.
On Wednesday, Euro edged lower by 79 pips or 0.65% against the US Dollar. A breakout occurred through the lower boundary of an ascending channel pattern during Wednesday's trading session.
During yesterday's trading session, the precious metal soared by 272 pips or 1.46% against the US Dollar. The exchange rate breached the resistance level at 1890.00 on Tuesday.
The US Dollar declined by 30 pips or 0.27% against the Japanese Yen on Tuesday. The currency pair breached the 55– and 100– hour SMAs during Tuesday's trading session.
On Tuesday, the British Pound declined by 78 pips or 0.55% against the US Dollar. The GBP/USD currency pair breached the 1.4120 level during Tuesday's trading session.
On Tuesday, the Eurozone single currency surged by 36 pips or 0.29% against the US Dollar. The currency pair tested the 1.2260 level during yesterday's trading session.
Since yesterday's trading session, the US Dollar has edged lower by 52 pips or 0.43% against the Canadian Dollar. The currency pair breached the 50– hour simple moving average on Monday.
The British Pound has surged by 53 pips or 0.35% against the Japanese Yen since yesterday's trading session. The currency pair tested the upper line of a descending channel pattern during the London open on Tuesday.
The AUD/USD exchange rate rebounded from the support line at 0.7712 during Monday's trading session. As a result, the Australian Dollar surged by 46 pips or 0.59% against the US Dollar on Monday.
The EUR/JPY currency pair bounced off the support level at 132.51 on Monday
On Monday, Gold edged lower by 133 pips or 0.72% against the US Dollar. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
On Monday, the US Dollar declined by 27 pips or 0.25% against the Japanese Yen. The currency pair was pressured lower by the 55– and 100– hour SMAs during yesterday's trading session.
The GBP/USD currency pair bounced off a support level formed by the 200– hour simple moving average at 1.4130 on Monday.
During Monday's trading session, the EUR/USD currency pair surged by 47 pips or 0.39%. The exchange rate breached the 55– and 100– hour simple moving averages on Monday.