The US Dollar depreciated about 42 basis points against the Canadian Dollar on Friday. The currency pair tested the lower boundary of an ascending channel at 1.3260 during Friday's trading session.
The Australian Dollar depreciated about 46 basis points against the US Dollar on Friday. The currency pair was pressured south by the 50– hour simple moving average during the previous trading session.
The common European currency has depreciated about 1.11% in value against the Japanese Yen since September 20. A breakout occurred through the lower boundary of an ascending channel pattern at 118.50 during the morning hours of Monday's trading session.
During previous trading session, the price for gold jumped to the 1,515.00 level. During Monday morning, the XAU/USD rate was trading at the given level.
On Friday, the USD/JPY currency pair declined to the 107.60 level. During today's morning, the pair was trying to surpass the given level.
At the end of last week, the GBP/USD exchange rate traded above the 1.2480 level. During Monday morning, the rate was testing the support formed by the 200-hour SMA at 1.2437.
On Friday, the EUR/USD currency pair tumbled to the 1.1000 level. During today's morning, the pair tried to surpass the 1.1020 mark.
During Thursday morning, the XAU/USD exchange rate increased to the 1,505.00 level. During today's morning, the rate was trading at the given level.
Yesterday, the USD/JPY currency pair traded sideways at the 108.00 level. During Friday morning, the pair was testing the lower boundary of the short-term ascending channel at 107.90.
On Thursday, the GBP/USD exchange rate reached the 1.2560 level. During today's morning, the rate reversed south from the Fibonacci 23.60% retracement at 1.2573.
Yesterday, the Euro continued to consolidate against the US Dollar between the weekly and monthly PPs, located at 1.1038 and 1.1069 respectively.
The 50– hour simple moving average pressured the New Zealand Dollar lower against the US Dollar on Thursday.
The price movement of the US Dollar against the Canadian Dollar has been guided by an ascending channel. The currency pair tested the lower boundary of the channel pattern at 1.3244 during yesterday's trading session.
The Australian Dollar has continued its downward movement against the US Dollar. The AUD/USD currency pair depreciated about 46 basis points during Thursday's trading session.
The Eurozone single currency depreciated about 50 basis points against the Japanese Yen on Thursday. The currency pair tested the lower boundary of an ascending channel pattern at 119.07 during the previous trading session.
On Wednesday, the XAU/USD exchange rate re-tested the lower boundary of the short-term ascending channel at 1,488.30. During today's morning, the rate was testing the resistance formed by the 55-, 100– and 200-hour SMAs circa 1,500.00.
Yesterday, the USD/JPY currency pair tested the resistance level formed by the Fibonacci 38.205 retracement at 108.44. During Thursday morning, the pair was testing the lower boundary of the short-term ascending channel at 107.82.
On Wednesday, the GBP/USD exchange rate consolidated at the 1.2480 level. During today's morning, the rate was testing the support formed by the 55– and 100-hour SMAs, as well the monthly R2 at 1.2459.
Yesterday, the EUR/USD currency pair was trading sideways in the 1.1020/1.1070 area. During Thursday morning, the pair was testing the resistance level—the monthly PP at 1.1069.
Bearish sentiment pressured the New Zealand Dollar against the US Dollar on Wednesday. The currency pair fell by 0.93% in value during yesterday's trading session.
The US Dollar appreciated about 63 basis points against the Canadian Dollar on Wednesday. The 50– hour simple moving average provided support for the currency pair at 1.3240 during yesterday's trading session.
The Australian Dollar has edged lower about 1.06% in value against the US Dollar since Wednesday's trading session. A breakout occurred through the lower boundary of a junior descending channel pattern at 0.6785 during the Asian trading session on Thursday.
The single European currency has depreciated about 79 basis point against the Japanese Yen since yesterday's trading session.
During Tuesday, the XAU/USD exchange rate traded sideways in the 1,500.00/1,505.00 area. During today's morning, the rate maintained its consolidation.