The US Dollar depreciated about 0.61% in value against the Canadian Dollar on Tuesday. The decline started after the US factory activity tumbled to more than 10-year low, sparking concerns that the fallout from the US-China trade war is spreading to the US economy.
The Australian Dollar depreciated about 100 basis points against the US Dollar on Tuesday. The decline began after a negative macroeconomic data releases from Australian.
The common European currency depreciated about 45 basis points against the US Dollar on Tuesday. The decline started after the currency pair tested the monthly pivot point at 118.08.
On Monday, the XAU/USD exchange rate breached the descending triangle pattern south. During today's morning, the rate was testing the support level formed by the Fibo 23.60% at 1,462.89.
Yesterday, the USD/JPY currency pair advanced and reached the 108.20 level. During Tuesday morning, the pair tested the upper boundary of the rising wedge pattern at 108.40.
During Monday, the GBP/USD exchange rate consolidated near the 1.2300 level. During today's morning, the rate was trying to surpass the resistance formed by the 55-hour SMA at 1.2299.
Yesterday, the Euro depreciated against the US Dollar. During Tuesday morning, the EUR/USD pair reversed north from the support level formed by the weekly S1 and the Fibo 23.60% at 1.0886.
The New Zealand Dollar has depreciated about 57 basis points against the US Dollar since yesterday's trading session. The exchange rate breached the weekly S1 at 0.6251 on Monday.
During the past 24 hours of trading, the US Dollar has appreciated about 35 basis points against the Canadian Dollar. The currency pair tested a resistance level formed by the upper boundary of a descending channel pattern at 1.3260 during the European trading session on Tuesday.
The Australian Dollar has depreciated about 0.99% in value against the US Dollar since Monday's trading session. The currency pair tested the lower boundary of a descending channel pattern at 0.6701 during the Asian session on Tuesday.
The single European currency traded sideways movement against the Japanese Yen on Monday. The 50– and 100– hour SMAs provided resistance for the currency during yesterday's trading session.
On Friday, the price for gold traded sideways around the psychological level at 1,500.00. During today's morning, the XAU/USD exchange rate was testing the lower boundary of the descending triangle pattern at 1,485.00.
On Friday, the USD/JPY currency pair tested the upper boundary of the rising wedge pattern at 108.20. During today's morning, the pair reversed north from the lower pattern line at 107.80.
At the end of last week, the GBP/USD exchange rate reversed north from the lower boundary of the short-term descending channel at 1.2280. During Monday morning, the rate was testing the 55-hour SMA at 1.2320.
During Friday, the EUR/USD currency pair tried to surpass the 1.0950 level. During today's morning, the pair was trading at the 1.0930 mark.
The New Zealand Dollar has depreciated about 0.93% in value against the US Dollar since Friday's trading session. The exchange rate tested a support level formed by the weekly S1 at 0.6251 during the Asian session on Monday.
The US Dollar depreciated about 62 basis points against the Canadian Dollar on Friday. The decline was stopped by a support level formed by the monthly S1 at 1.3208 during the previous session.
The Australian Dollar appreciated about 34 basis points against the US Dollar on Friday. The exchange rate pierced the 100– hour simple moving average during Friday's trading session.
The common European currency appreciated about 92 basis points against the Japanese Yen on Friday. The currency pair tested the upper boundary of a descending channel pattern at 118.49 during Friday's trading session.
During Thursday, the XAU/USD exchange rate tried to surpass the resistance level formed by the 200-hour SMA at 1,509.24. During today's morning, the rate declined to the 1,500.00 level.
Yesterday, the USD/JPY currency pair tried to surpass the 107.80 level. During Friday morning, the pair surpassed the given level.
On Thursday, the GBP/USD exchange rate consolidated at the 1.2350 area. During today's morning, the rate was testing the lower boundary of the short-term descending channel at 1.2275.
Yesterday, the EUR/USD currency pair renewed the 2019 low located at 1.0916. During Friday morning, the pair was trading at the given minimum.
Yesterday, the XAU/USD exchange rate tumbled to the 1,505.00 level. During Thursday morning, the rate was testing the resistance formed by the 200-hour SMA at 1,508.78.