During Friday morning, the EUR/USD currency pair tried to surpass the resistance level formed by the Fibo 23.60% at 1.0886. During today's morning, the pair was testing the given level.
The New Zealand Dollar surged by 77 basis points or 1.30% against the US Dollar on Friday. The currency pair breached the 100– and 200– hour SMAs during Friday's trading session.
The US Dollar declined by 112 basis points or 0.79% against the Canadian Dollar on Friday. The currency pair tested a support cluster at the 1.4002 during Friday's trading session.
The Australian Dollar surged by 59 basis points or 0.94% against the US Dollar on Friday. The 50– hour simple moving average provided support for the currency pair at 0.6321 during Friday's trading session.
The Eurozone single currency declined by 70 basis points or 0.59% against the Japanese Yen on Friday. The currency pair was pressured lower by the 50– hour simple moving average during Friday's trading session.
On Thursday, the XAU/USD exchange rate failed to exceed the 1,740.00 level. During today's morning, the rate was trading at 1,690.00.
Yesterday, the USD/JPY currency pair tried to surpass the weekly S1 at 108.03. During Friday morning, the pair was trading at 107.80.
Yesterday, the GBP/USD exchange rate consolidated in the 1.2480 area. During Friday morning, the rate was testing the Fibo 50.00% at 1.2418.
On Thursday, the EUR/USD currency pair tested the support level – the weekly S1 at 1.0823. During today's morning, the pair was re-testing the given support.
The NZD/USD currency pair rebounded from the bottom border of an ascending channel pattern on Thursday. As a result, the Kiwi Dollar edged higher by 98 pips or 1.65% against the Greenback during yesterday's trading session.
The US Dollar declined by 160 pips or 1.13% against the Canadian Dollar on Thursday. The currency pair tested the monthly pivot point at 1.4013 during Thursday's trading session.
The Australian Dollar surged by 114 pips or 1.81% against the US Dollar on Thursday. The 200– hour simple moving average provided support for the exchange rate during yesterday's trading session.
The 50– hour simple moving average has continued to pressure the single European currency against the Japanese Yen. The currency pair declined by 71 pips or 0.60% during the first half of Friday's session.
Yesterday, the XAU/USD exchange rate consolidated at the 1,720.00 level. During Thursday morning, the rate continued to consolidate at the given mark.
On Wednesday, the USD/JPY currency pair breached the short-term descending channel. During today's morning, the pair re-tested the weekly S1 at 108.03.
Yesterday, the GBP/USD exchange rate breached the short-term ascending channel south. During Thursday morning, the rate was trading in the 1.2450 area.
On Wednesday, the EUR/USD currency pair breached the rising wedge pattern south. During today's morning, the pair was trading at 1.0880.
Downside risks have dominated the New Zealand Dollar against the US Dollar since yesterday's trading session. The exchange rate fell by 152 basis points or 2.48% on Wednesday.
Upside risks dominated the US Dollar against the Canadian Dollar on Wednesday. The currency pair surged by 253 basis points or 1.83% during yesterday's trading session.
The Australian Dollar fell by 150 basis points or 2.33% against the US Dollar on Wednesday. The currency pair breached the lower boundary of an ascending channel pattern during yesterday's trading session.
The common European currency declined by 94 basis points or 0.80% against the Japanese Yen on Wednesday. The 50– hour simple moving average pressured the currency pair lower during yesterday's trading session.
Yesterday, the XAU/USD exchange rate touched the 1,740.00 level. During Wednesday morning, the rate reversed south.
On Tuesday, the USD/JPY currency pair revealed a short-term descending channel. During today's morning, the pair reversed north from the lower channel line.
Yesterday, the GBP/USD exchange rate tested the Fibo 61.80% at 1.2646. During Wednesday morning, the rate was testing the 100-hour SMA near 1.2500.