The New Zealand Dollar surged by 69 pips or 1.13% against the US Dollar on Wednesday. The currency pair bounced off the weekly R1 at 0.6082 during Wednesday's trading session.
The US Dollar declined by 68 pips or 0.49% against the Canadian Dollar on Wednesday. The currency pair was pressured lower by the 50– hour simple moving average during yesterday's trading session.
The Australian Dollar has surged by 74 pips or 1.13% against the US Dollar on Wednesday. The currency pair tested the weekly R2 at 0.6617 during Wednesday's trading session.
The Eurozone single currency traded sideways against the Japanese Yen on Wednesday. The currency pair traded below the weekly R3 at 118.24 during yesterday's trading session.
On Tuesday, the XAU/USD exchange rate reversed north from the 100-hour SMA. During today's morning, the rate was trading at the 1,750.00 mark.
Yesterday, the USD/JPY currency pair re-tested the upper line of the rising wedge pattern at 108.00. During Wednesday morning, the pair reversed south.
Yesterday, the GBP/USD exchange rate tried to surpass the resistance formed by the 200-hour SMA and the monthly S1 in the 1.2280 area. During Wednesday morning, the rate was trading at 1.2240.
On Tuesday, the EUR/USD currency pair failed to exceed the resistance level—the weekly R1 at 1.0952. During today's morning, the pair continued to test the given resistance.
The New Zealand Dollar surged by 61 basis points or 1.01% against the US Dollar on Tuesday. The currency pair breached the weekly R1 at 0.6082 during yesterday's trading session.
During the first half of yesterday's trading session. The US Dollar declined by 76 basis points or 0.55% against the Canadian Dollar. However, the currency pair regained its lost points at the end of Tuesday's session.
During the first half of Tuesday's trading session, the Australian Dollar surged by 52 basis points or 0.79% against the US Dollar. However, the currency pair surrender the earlier gains at the end of the trading day.
The single European currency surged by 107 basis points or 0.91% against the Japanese Yen on Tuesday. The currency pair breached the upper boundary of a junior ascending channel pattern at 117.65 during Tuesday's trading session.
On Monday, the XAU/USD exchange rate revealed a rising wedge pattern, as it reversed south from the upper pattern line. During today's morning, the pair was testing the support formed by the 100-hour SMA near 1,730.00.
Yesterday, the USD/JPY currency pair tried to surpass the 107.40 level. During Tuesday morning, the pair exceeded this level.
Yesterday, the GBP/USD exchange rate raised to the weekly PP at 1.2218. During Tuesday morning, the rate was testing the 200-hour SMA near 1.2270.
On Monday, the EUR/USD currency pair skyrocketed to the 1.0920 level. During today's morning, the pair pierced the upper line of the rising wedge pattern and faced the resistance level—the weekly R2 at 1.0952.
The New Zealand Dollar declined by 86 pips or 1.42% against the US Dollar on Friday. The currency pair was pressured lower by the 50– hour simple moving average during Friday's trading session.
The US Dollar surged by 92 pips or 0.66% against the Canadian Dollar on Friday. The currency pair bounced off the lower boundary of an ascending channel pattern during Friday's trading session.
On Friday, the XAU/USD exchange rate exceeded the 1,740.00 level. During today's morning, the rate was trading at 1,765.00.
During previous trading session, the USD/JPY currency pair pierced the lower line of the rising wedge pattern. During Monday morning, the pair reversed north from the given line.
During the end of last week, the GBP/USD exchange rate broke the lower line of the falling wedge pattern. During Monday morning, the rate was trading at 1.2110.
The Australian Dollar declined by 64 pips or 1.00% against the US Dollar on Friday. The currency pair was pressured lower by the 100– and 200– hour SMAs during Friday's trading session.
On Friday, the EUR/USD currency pair failed to exceed the 1.0840 level. During today's morning, the pair was trading in the 1.0810 area.
The common European currency surged by 60 pips or 0.52% against the Japanese Yen on Friday. The currency pair bounced off the bottom border of an ascending channel pattern at 115.55 during Friday's trading session.