On Thursday, the EUR/USD currency pair tried to breach the short-term descending channel north. During today's morning, the pair reversed south from the upper channel line.
The New Zealand Dollar has appreciated about 28 basis points against the US Dollar since Thursday's session. The currency pair breached a significant resistance level at 0.6431 during the UK's trading session on Friday.
The US Dollar traded between the range of 1.3298/1.3279 against the Canadian Dollar on Thursday. The currency pair tested the lower boundary of an ascending channel pattern at 13280 during the European trading session on Friday.
The Australian Dollar has appreciated about 17 basis points against the US Dollar since yesterday's trading session. The currency pair breached the upper boundary of a junior descending channel at 0.6773 during the Asian session on Friday.
The common European currency appreciated by 25 basis points against the Japanese Yen on Thursday. The weekly R1 at 120.35 provided support for the currency pair during yesterday's trading session.
On Wednesday, the XAU/USD exchange rate failed to surpass the psychological level at 1,454.00. During today's morning, the rate was trying to surpass the 55-hour SMA at 1,457.64.
Yesterday, the USD/JPY currency pair increased to the upper boundary of the short-term ascending channel at 109.60. During Thursday morning, the pair reversed south.
Yesterday, the GBP/USD exchange rate skyrocketed to the resistance level formed by the weekly R1 at 1.29042. During Thursday morning, the rate was testing the given resistance.
On Wednesday, the EUR/USD currency pair tested the support level formed by the weekly S1 at 1.0994. During today's morning, the pair was testing the resistance formed by the 55– and 100-hour SMAs circa 1.1015.
The New Zealand Dollar has continued to trade in an ascending channel pattern against the US Dollar. The currency pair pierced the lower boundary of the channel pattern during yesterday's trading session.
The US Dollar has appreciated about 33 basis points against the Canadian Dollar since Wednesday's trading session. The currency pair was pressured up by the 200– hour simple moving average.
The 50– and 100– hour simple moving averages continued to pressure the Australian Dollar against the US Dollar. The currency pair depreciated about 30 basis points during yesterday's trading session.
The common European currency appreciated about 52 basis points against the Japanese Yen on Wednesday. A breakout occurred through the upper boundary of a descending channel pattern at 120.20 during yesterday's trading session.
On Tuesday, the XAU/USD exchange rate tested the upper boundary of the short-term descending channel at 1.462.89. During today's morning, the rate was trading near the given line.
The New Zealand Dollar appreciated about 37 basis points against the US Dollar on Tuesday. The currency pair tested a resistance level formed by the weekly R1 at 0.6431 during the previous session.
Yesterday, the USD/JPY currency pair exceeded the weekly R1 at 109.07. During Wednesday morning, the pair was trading near the 109.20 level.
Yesterday, the GBP/USD exchange rate failed to surpass the psychological level at 1.2840. During Wednesday morning, the rate was trading near the upper boundary of the short-term descending channel.
On Tuesday, the EUR/USD currency pair traded sideways near the psychological level at 1.1010. During today's morning, the pair was testing the given level.
The US Dollar depreciated about 47 basis points against the Canadian Dollar on Tuesday. The decline was stopped by the weekly pivot point at 1.3271 during yesterday's trading session.
The Australian Dollar appreciated about 23 basis points against the US Dollar on Tuesday. The surge was stopped by the 100– hour simple moving average at 0.6786 during yesterday's trading session.
The single European currency appreciated about 31 basis points against the Japanese Yen on Tuesday. The currency pair breached the upper boundary of a descending channel pattern at 120.20 during Tuesday's trading session.
On Monday, the XAU/USD exchange rate declined to the lower boundary of the short-term descending channel at 1,453.00. During today's morning, the rate reversed north.
Yesterday, the USD/JPY currency pair breached the medium-term descending channel north. During Tuesday morning, the rate tested the resistance level—the weekly R1 at 109.07.
Yesterday, the GBP/USD exchange rate failed to breach the short-term ascending channel north. During Tuesday morning, the rate reversed south.