The common European soared over 90 pips or 0.79% against the Japanese Yen on Tuesday. The exchange rate tested the 118.20 level during yesterday's trading session.
Yesterday, the XAU/USD exchange rate tested the lower line of the rising wedge pattern. During Tuesday morning, the rate breached the given pattern south.
On Monday, the USD/JPY currency pair traded sideways near 107.70. During today's morning, the pair touched the 107.90 level.
Yesterday, the GBP/USD exchange rate consolidated in the 1.2185 area. During Tuesday morning, the rate skyrocketed to 1.2320.
On Monday, the EUR/USD currency pair consolidated in the 1.0900 area. During today's morning, the pair skyrocketed to 1.0960.
The New Zealand Dollar has surged by 70 basis points or 1.13% against the US Dollar since yesterday's trading session. The currency pair bounced off the lower boundary of an ascending channel pattern during the Asian session on Tuesday.
The US Dollar has declined by 79 basis points or 0.57% against the Canadian Dollar since Monday's trading session. A breakout occurred through the lower boundary of a descending channel pattern on Tuesday morning.
The Australian Dollar has surged by 62 basis points or 0.94% against the US Dollar since yesterday's trading session. The currency pair was pressured higher by the 50– hour simple moving average.
The single European currency has surged by 80 basis points or 0.69% against the Japanese Yen since Monday's trading session. The currency pair breached the 50– and 100– hour SMAs on Tuesday morning.
On Friday, the XAU/USD exchange rate tried to surpass the resistance formed by the 55– and 100-hour SMAs near 1,737.00. During today's morning, the rate pierced the lower line of the rising wedge pattern.
During the previous trading session, the USD/JPY currency pair touched the 200-hour SMA at 107.40. During Monday morning, the pair was trading at 107.75.
At the end of last week, the GBP/USD exchange rate consolidated at 1.2180. During Monday morning, the rate maintained its consolidation.
On Friday, the EUR/USD currency pair declined to the support level—the Fibo 23.60% and the 200-hour SMA at 1.0886. During today's morning, the pair pierced the given support.
The New Zealand Dollar has declined by 39 pips or 0.64% against the US Dollar since Friday's trading session. The currency pair breached the lower boundary of an ascending channel pattern on Monday morning.
The US Dollar surged by 94 pips or 0.67% against the Canadian Dollar on Friday. The currency pair tested the monthly pivot point at 1.4030 during Friday's trading session.
The Australian Dollar declined by 56 pips or 0.85% against the US Dollar on Friday. The currency pair tested the lower boundary of an ascending channel pattern at 0.6515 during Friday's trading session.
The common European currency declined by 85 pips or 0.72% against the Japanese Yen on Friday. The currency pair breached the weekly and the monthly PPs at 117.25 during Friday's trading session.
Yesterday, the XAU/USD exchange rate reversed north from the lower boundary of the rising wedge pattern. During Friday morning, the rate was testing the resistance formed by the 55– and 100-hour SMAs near 1,740.00.
On Thursday, the USD/JPY currency pair tested the lower line of the falling wedge pattern. During today's morning, the pair breached the given pattern south.
Yesterday, the GBP/USD exchange rate tested the resistance formed by the 55– and 200-hour SMAs near 1.2240. During Friday morning, the rate declined to the 1.2180.
On Thursday, the EUR/USD currency pair failed to exceed the resistance level—the weekly R3 at 1.1008. During today's morning, the pair declined below 1.0920.
The New Zealand Dollar has declined by 50 basis points or 0.82% against the US Dollar on since Thursday's trading session. The 50– hour SMA pressured the currency pair lower.
The US Dollar has surged by 135 basis points or 0.97% against the Canadian Dollar since yesterday's trading session. The currency pair tested the upper boundary of a descending channel pattern at 1.4020 on Friday morning.
The Australian Dollar has declined by 80 basis points or 1.22% against the US Dollar since Thursday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern on Thursday.