Yesterday, the GBP/USD exchange rate raised to the resistance formed by the 100– and 200-hour SMAs, as well the Fibo 61.80% at 1.2646. During Tuesday morning, the rate was testing the given level.
On Monday, the EUR/USD currency pair raised to the 1.1320 level. During today's morning, the pair consolidated at 1.1340.
The New Zealand Dollar surged by 93 points or 1.45% against the US Dollar on Monday. The surge was stopped by the 200– period simple moving average during Monday's trading session.
The US Dollar declined by 155 points or 1.13% against the Canadian Dollar on Monday. A breakout occurred through the lower boundary of an ascending channel pattern during Monday's trading session.
The Australian Dollar surged by 136 points or 2.00% against the US Dollar on Monday. The currency pair breached the junior descending channel pattern during Monday's trading session.
The common European currency surged by 130 points or 1.08% against the Japanese Yen on Monday. The surged was stopped by the weekly pivot point at 121.74 during Monday's trading session.
During the previous trading session, the XAU/USD exchange rate failed to exceed the 1,745.00 level. During Monday morning, the rate was testing the support formed by the 200-hour SMA near 1,715.00.
On Friday, the USD/JPY currency pair tried to exceed the resistance provided by the 100-hour SMA near 107.50. During today's morning, the pair was testing the given resistance.
At the end of last week, the GBP/USD exchange rate reversed south from the resistance formed by the Fibo 61.80% and the 200-hour SMA at 1.2646. During Monday morning, the rate tried to exceed 1.2550.
On Friday, the EUR/USD currency pair breached the short-term channel south. During today's morning, the pair was testing the support level—the monthly R1 at 1.1246.
The New Zealand Dollar declined by 78 basis points or 1.20% against the US Dollar on Friday. The currency pair was pressured lower by a narrow descending channel pattern.
The US Dollar is gradually edging higher against the Canadian Dollar in an ascending channel pattern. The currency pair breached the 1.3600 level during the Asian session on Monday.
The Australian Dollar has declined by 129 basis points or 1.87% against the US Dollar since Friday's trading session. The currency pair was pressured lower by the 50– hour simple moving average.
The single European currency is currently trading in a descending channel pattern against the Japanese Yen. The currency pair has declined by 139 basis points or 1.14% since Friday's trading session.
Yesterday, the XAU/USD exchange rate traded sideways around the 1,730.00 level. During Friday morning, the rate maintained its consolidation.
On Thursday, the USD/JPY currency pair tested the support from the weekly S2 and the monthly S1 at 106.50. During today's morning, the pair reversed north.
Yesterday, the GBP/USD exchange rate dropped to the 1.2550 level. During Friday morning, the rate was testing the resistance level formed by the 200-hour SMA and the Fibo 61.80% at 1.2646.
On Thursday, the EUR/USD currency pair revealed a short-term ascending channel. During today's morning, the pair reversed north from the upper channel line.
The New Zealand Dollar declined by 128 pips or 1.96% against the US Dollar on Thursday. The currency pair breached the lower boundary of an ascending channel pattern during yesterday's trading session.
The US Dollar surged by 248 pips or 1.85% against the Canadian Dollar on Thursday. The USD/CAD currency pair breached the 1.3650 level during yesterday's trading session.
The Australian Dollar declined by 163 pips or 2.33% against the US Dollar on Thursday. The currency pair tested the lower boundary of an ascending channel pattern at 0.6827 during Thursday's trading session.
The common European currency declined by 117 pips or 0.96% against the Japanese Yen on Thursday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
Yesterday, the XAU/USD exchange rate raised to the 1,740.00 level. During Thursday morning, the rate was trading near the given level.
On Wednesday, the USD/JPY currency pair declined to the Fibo 38.20% at 106.86. During today's morning, the pair was testing the given level.