On Tuesday, the XAU/USD exchange rate tried to surpass the resistance formed by the 55– and 100-hour SMAs near 1,715.00. During today's morning, the rate was testing the support formed by the 200-hour SMA and the monthly R1 at 1,705.00.
Yesterday, the USD/JPY currency pair remained below the 107.00 mark. During Wednesday morning, the pair was testing the support level—the weekly S3 at 106.44.
Yesterday, the GBP/USD exchange rate reversed south from the weekly R1 at 1.2500. During Wednesday morning, the rate broke the Fibo 50.00% at 1.2418.
On Tuesday, the EUR/USD currency pair failed to surpass the Fibo 23.30% at 1.0886. During today's morning, the pair was trading near 1.0850.
The New Zealand Dollar surge by 81 pips or 1.36% against the US Dollar on Tuesday. The currency pair breached the weekly R1 at 0.6098 during the Asian session on Wednesday.
The US Dollar declined more than 100 pips or 0.73% against the Canadian Dollar on Tuesday. The currency pair was pressured lower by the 50– hour simple moving average during yesterday's trading session.
The Australian Dollar surged by 74 pips or 1.15% against the US Dollar on Tuesday. The currency pair tested the weekly R2 at 0.6502 during yesterday's trading session.
The common European currency declined by 66 pips or 0.57% against the Japanese Yen on Tuesday. The currency pair breached the 115.60 area during yesterday's trading session.
On Monday, the XAU/USD exchange rate breached the short-term ascending channel south. During today's morning, the rate touched the 1,695.00 level.
Yesterday, the USD/JPY currency pair traded sideways around the weekly S1 at 107.20. During Tuesday morning, the pair dropped below the 106.80 level.
Yesterday, the GBP/USD exchange rate consolidated in the 1.2420 area. During Tuesday morning, the rate jumped to the weekly R1 at 1.2500.
On Monday, the EUR/USD currency pair traded sideways in the 1.0840 area. During today's morning, the pair skyrocketed to the Fibo 23.60% at 1.0868.
The New Zealand Dollar declined by 54 basis points or 0.89% against the US Dollar on Monday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
The US Dollar declined by 65 basis points or 0.46% against the Canadian Dollar on Monday. The currency pair tested the monthly pivot point at 1.4013 during yesterday's trading session.
The Australian Dollar edged higher by 41 basis points or 0.63% against the US Dollar on Monday. The currency pair breached the upper boundary of a descending channel pattern during Monday's trading session.
The Eurozone single currency declined by 38 basis points or 0.33% against the Japanese Yen on Monday. The currency pair was pressured by the 100– hour simple moving average during Monday's trading session.
During the previous trading session, the XAU/USD exchange rate traded sideways in the 1,724 area. During Monday morning, the rate was trading at 1,722.00.
On Friday, the USD/JPY currency pair declined to the 107.40. During today's morning, the pair broke to the lower boundary of the short-term descending channel.
At the end of last week, the GBP/USD exchange rate traded sideways in the 1.2350 area. During Monday morning, the rate raised to the 1.2450 level.
The New Zealand Dollar has surged by 98 pips or 1.64% against the US Dollar since Friday's trading session. A breakout occurred through the upper boundary of a descending channel pattern on Monday morning.
On Friday, the EUR/USD currency pair raised to the 100-hour SMA near 1.0820. During today's morning, the pair raised to the resistance formed by the 200-hour SMA near 1.0850.
The US Dollar declined by 81 pips or 0.58% against the Canadian Dollar on Friday. The currency pair tested the upper boundary of a junior descending channel pattern at 1.4118 during Friday's trading session.
The Australian Dollar has surged by 129 pips or 2.04% against the US Dollar since Friday's trading session. The currency pair tested the upper boundary of a dominant descending channel pattern on Monday morning.
The common European currency surged by 84 pips or 0.72% against the Japanese Yen on Friday. The currency pair tested the 100– hour simple moving average during Friday's trading session.